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The Economic Effects of the Mega Sport Events on Tourism in the BRICS Countries Case

Author

Listed:
  • Iuliana Pop

    (Bucharest University of Economic Studies)

  • Adrian Kanovici

    (Bucharest University of Economic Studies)

  • Gratiela Ghic

    (“Dimitrie Cantemir” Christian University, Bucharest)

  • Madalina Andrei

    (“Spiru Haret” University, Bucharest)

Abstract

At the beginning of the 21st century, events tourism witnessed an impressive development in a series of countries due to the increase of the spare time and of the people’s income, to the cheaper and more diversified world transport, especially the air transport and due to the emergence of new destinations. Emergent countries, such as China and Russia, recorded not only an increase in the number of tourists but also in the revenues from tourism activities. One of the reasons is the opening of these countries frontiers in order to reaffirm their power on international level (Golubchikov, 2016). Besides the relaxation, business and religious tourism, the sport tourism becomes more and more important. It also comprises the tourism for mega sport events, such as the Summer and Winter Olympics or the World Championships in different sports. For the organising countries, there is a real challenge to ensure the investments for the infrastructure, although it supports their economic development, being used after the sport events conclusion. Considering the available data from the World Bank and the World Tourism Organization (UNWTO), the authors make a quantitative investigation regarding the impact of the mega sport events on the tourism phenomenon in the BRICS countries. The article also researches a small and specific group of countries (BRICS), considering a niche tourism phenomenon. The article aims to emphasize the role of the mega sport events in the BRICS countries, directly connected with their capacity to economically support the organization of these events and also with the desire to internationally promote their national values.

Suggested Citation

  • Iuliana Pop & Adrian Kanovici & Gratiela Ghic & Madalina Andrei, 2016. "The Economic Effects of the Mega Sport Events on Tourism in the BRICS Countries Case," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(S10), pages 960-960, November.
    • Handle: RePEc:aes:amfeco:v:s10:y:2016:i:18:p:960
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    References listed on IDEAS

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    1. Adrian Pop, 2014. "Rising through the Crisis: the Impact of Emerging Countries on the Future Distribution of Power," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 6(2), pages 26-29, June.
    2. Nicolae Lupu, 2016. "Contemporary Approaches and Challenges of Tourism Sustainability," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 18(S10), pages 740-740, November.
    3. Laurentiu TACHICIU & Vasile DINU, 2009. "Tourism Policy In Romania: A Necessary Change Of Direction," Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 7(7), pages 26-34, June.
    4. Wonho Song, 2010. "Impacts Of Olympics On Exports And Tourism," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 35(4), pages 93-110, December.
    5. Dan-Cristian Dabija & Raluca Babut, 2013. "An approach to sustainable development from tourists` perspective. Empirical evidence in Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 15(Special 7), pages 617-633, November.
    6. Wolfgang Maennig & Andrew Zimbalist (ed.), 2012. "International Handbook on the Economics of Mega Sporting Events," Books, Edward Elgar Publishing, number 14313.
    7. Muazu Ibrahim & Paul Alagidede, 2019. "Effect of Financial Development on Economic Growth in sub-Saharan African: Does Sectoral Growth Matter?," Working Papers 171, Economic Research Southern Africa.
    8. World Bank, 2016. "World Development Indicators 2016," World Bank Publications - Books, The World Bank Group, number 23969.
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    Cited by:

    1. Luiza Ossowska & Dariusz Kloskowski & Dorota Janiszewska, 2024. "The Rural Sport Event—The Atmosphere from the Participants’ Perspective," Tourism and Hospitality, MDPI, vol. 5(4), pages 1-16, October.
    2. Garidzirai Rufaro & Matiza Tafadzwa, 2020. "Exploring the Tourism-Poverty Alleviation Nexus in the Brics Group of Nations," Ekonomika (Economics), Sciendo, vol. 99(1), pages 93-109, June.
    3. Bergier, Jozef & Wasilewska, Malgorzata & Bergier, Michal, 2018. "European Championship In Football In Poland And The Increase In Foreign Tourist Arrivals," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 9(1), pages 103-108.

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    More about this item

    Keywords

    events tourism; mega sport events; emerging countries; BRICS countries;
    All these keywords.

    JEL classification:

    • L - Industrial Organization
    • O - Economic Development, Innovation, Technological Change, and Growth
    • O - Economic Development, Innovation, Technological Change, and Growth

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