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Comparative Economic Impact Analyses: Differences Across Cities, Events, and Demographics

Author

Listed:
  • Michael J. Mondello

    (The Florida State University)

  • Patrick Rishe

    (Webster University)

Abstract

Numerous amateur sporting events have grown significantly in stature and interest in the past several years. Moreover, these events have realized significant economic benefits for their respective communities. In an attempt to identify the key determinants of economic impact, this article offers numerous comparative economic impact data for amateur sporting events. The comparisons are across various categories, including the same event in different cities, the same city but different events, women’s versus men’s events, and events involving junior athletes compared to those involving senior athletes. Collectively, these comparisons demonstrate that the number and origin of nonlocal visitors, the proximity of teams involved, visitor spending patterns, length of stay, and operational and organizational expenditures by nonlocal entities affiliated with events are the largest determinants of economic impact for a given event.

Suggested Citation

  • Michael J. Mondello & Patrick Rishe, 2004. "Comparative Economic Impact Analyses: Differences Across Cities, Events, and Demographics," Economic Development Quarterly, , vol. 18(4), pages 331-342, November.
    • Handle: RePEc:sae:ecdequ:v:18:y:2004:i:4:p:331-342
    DOI: 10.1177/0891242404269505
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    Citations

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    Cited by:

    1. Roberto Gásquez & Vicente Royuela, 2014. "Is Football an Indicator of Development at the International Level?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 117(3), pages 827-848, July.
    2. Robert A. Baade & Robert W. Baumann & Victor A. Matheson, 2008. "Assessing the Economic Impact of College Football Games on Local Economies," Journal of Sports Economics, , vol. 9(6), pages 628-643, December.
    3. Dusan Borovcanin & Ivan Cuk & Miha Lesjak & Emil Juvan, 2020. "The Importance of Sport Event on Hotel Performance for Restarting Tourism After COVID-19," Societies, MDPI, vol. 10(4), pages 1-13, November.
    4. Victor Matheson, 2004. "Is Smaller Better? A Comment on "Comparative Economic Impact Analyses" by Michael Mondello and Patrick Rishe," Working Papers 0407, College of the Holy Cross, Department of Economics.
    5. 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.
    6. Kopf, Dennis A., 2007. "Endogenous growth theory applied: Strategies for university R&D," Journal of Business Research, Elsevier, vol. 60(9), pages 975-978, September.
    7. Della Lucia, Maria, 2013. "Economic performance measurement systems for event planning and investment decision making," Tourism Management, Elsevier, vol. 34(C), pages 91-100.

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