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The economic importance of meetings and conferences: A satellite account approach

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  • Jones, Calvin
  • Li, ShiNa

Abstract

Meetings and conventions (MICE) visitation is often considered an important element of the travel economy, and destinations target such activities to encourage their growth. It has hitherto been difficult to measure the economic significance of such activity at any spatial scale. Latterly, the development and codification of tourism satellite account (TSA) approaches to the economic measurement of tourism offers an opportunity to develop a parallel approach to understanding the MICE economy. This paper presents an estimate of the direct economic impact of MICE activity in the UK in 2011, following TSA approaches. The potential to extend the core Meetings Satellite Account, to estimate indirect economic impact and sub-national economic impacts, is also assessed.

Suggested Citation

  • Jones, Calvin & Li, ShiNa, 2015. "The economic importance of meetings and conferences: A satellite account approach," Annals of Tourism Research, Elsevier, vol. 52(C), pages 117-133.
    • Handle: RePEc:eee:anture:v:52:y:2015:i:c:p:117-133
    DOI: 10.1016/j.annals.2015.03.004
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    References listed on IDEAS

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    1. Calvin Jones & Max Munday & Annette Roberts, 2003. "Regional Tourism Satellite Accounts: A Useful Policy Tool?," Urban Studies, Urban Studies Journal Limited, vol. 40(13), pages 2777-2794, December.
    2. Larry Dwyer & Peter Forsyth & Ray Spurr, 2006. "Economic Evaluations of Special Events," Chapters, in: Larry Dwyer & Peter Forsyth (ed.), International Handbook on the Economics of Tourism, chapter 15, Edward Elgar Publishing.
    3. Heywood T. Sanders, 2002. "Convention Myths and Markets: A Critical Review of Convention Center Feasibility Studies," Economic Development Quarterly, , vol. 16(3), pages 195-210, August.
    4. Robert A Baade & Robert Baumann & Victor A Matheson, 2009. "Rejecting “Conventional” Wisdom: Estimating the Economic Impact of National Political Conventions," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 35(4), pages 520-530.
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    Cited by:

    1. Wanjun Xia & Buhari Doğan & Umer Shahzad & Festus Fatai Adedoyin & Abiodun Popoola & Muhammad Adnan Bashir, 2022. "An empirical investigation of tourism-led growth hypothesis in the European countries: evidence from augmented mean group estimator," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(2), pages 239-266, May.
    2. Eunhye Grace Kim & Deepak Chhabra & Dallen J. Timothy, 2022. "Towards a Creative MICE Tourism Destination Branding Model: Integrating Heritage Tourism in New Orleans, USA," Sustainability, MDPI, vol. 14(24), pages 1-20, December.
    3. Liu, Anyu & Wu, Doris Chenguang, 2019. "Tourism productivity and economic growth," Annals of Tourism Research, Elsevier, vol. 76(C), pages 253-265.
    4. Waheed, Rida & Sarwar, Suleman & Dignah, Ashwaq, 2020. "The role of non-oil exports, tourism and renewable energy to achieve sustainable economic growth: What we learn from the experience of Saudi Arabia," Structural Change and Economic Dynamics, Elsevier, vol. 55(C), pages 49-58.
    5. Misha Teplitskiy & Soya Park & Neil Thompson & David Karger, 2022. "Intentional and serendipitous diffusion of ideas: Evidence from academic conferences," Papers 2209.01175, arXiv.org, revised Jan 2024.
    6. Aureli, Selena & Del Baldo, Mara, 2019. "The changing role of convention bureaus: An analysis of business models currently adopted by privately owned CBS," MPRA Paper 93996, University Library of Munich, Germany.
    7. Doris Chenguang Wu & Jingyan Liu & Haiyan Song & Anyu Liu & Hui Fu, 2019. "Developing a Web-based regional tourism satellite account (TSA) information system," Tourism Economics, , vol. 25(1), pages 67-84, February.
    8. Aureli, Selena & Del Baldo, Mara, 2019. "Performance measurement in the networked context of convention and visitors bureaus (CVBs)," Annals of Tourism Research, Elsevier, vol. 75(C), pages 92-105.

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