IDEAS home Printed from https://ideas.repec.org/a/sae/toueco/v16y2010i4p925-951.html
   My bibliography  Save this article

Assessing the Economic Impact of Culture in English Market Towns: A Causal Chain Approach

Author

Listed:
  • Robert Young

    (Nottingham University Business School, University of Nottingham, Jubilee Campus, Wollaton Road, Nottingham NG8 1BB, UK)

  • Anita Fernandez Young

    (Tourism and Travel Research Institute, University of Nottingham, Nottingham, UK)

  • Jennifer Parkin

    (School of Social Sciences, Nottingham Trent University, Nottingham, UK)

  • Abigail Diamond

    (CFE, Leicester, UK)

Abstract

In assessing the economic impact of a cultural event or attraction, the number of visits caused by the event or attraction is the pivotal variable. In the instance of many visitors, the causal impact is neither absent nor complete, but partial. The authors develop a method of assessing directly the aggregate causal impact of a cultural event or attraction and apply this in four case studies of culture in market towns. There emerges a pattern in the way economic impact comes about.

Suggested Citation

  • Robert Young & Anita Fernandez Young & Jennifer Parkin & Abigail Diamond, 2010. "Assessing the Economic Impact of Culture in English Market Towns: A Causal Chain Approach," Tourism Economics, , vol. 16(4), pages 925-951, December.
    • Handle: RePEc:sae:toueco:v:16:y:2010:i:4:p:925-951
    DOI: 10.5367/te.2010.0016
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.5367/te.2010.0016
    Download Restriction: no
    File URL: https://libkey.io/10.5367/te.2010.0016?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Terry Auld & Sarah McArthur, 2003. "Does Event-Driven Tourism Provide Economic Benefits? A Case Study from the Manawatu Region of New Zealand," Tourism Economics, , vol. 9(2), pages 191-201, June.
    2. Kristien Werck & Bruno Heyndels & Benny Geys, 2008. "The impact of ‘central places’ on spatial spending patterns: evidence from Flemish local government cultural expenditures," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 32(1), pages 35-58, March.
    3. Young, Robert & Faure, Michael & Fenn, Paul, 2004. "Causality and causation in tort law," International Review of Law and Economics, Elsevier, vol. 24(4), pages 507-523, December.
    4. Forrest, David & Grime, Keith & Woods, Robert, 2000. "Is It Worth Subsidising Regional Repertory Theatre?," Oxford Economic Papers, Oxford University Press, vol. 52(2), pages 381-397, April.
    5. Ståle Navrud & Richard C. Ready (ed.), 2002. "Valuing Cultural Heritage," Books, Edward Elgar Publishing, number 1759.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Aaron Gutiérrez & Daniel Miravet & Òscar Saladié & Salvador Anton Clavé, 2020. "High-speed rail, tourists’ destination choice and length of stay: A survival model analysis," Tourism Economics, , vol. 26(4), pages 578-597, June.
    2. Sungsoo Kim, 2021. "Assessing economic and fiscal impacts of sports complex in a small US county," Tourism Economics, , vol. 27(3), pages 455-465, May.
    3. Clavé, Salvador Anton & Saladié, Òscar & Cortés-Jiménez, Isabel & Fernandez Young, Anita & Young, Robert, 2015. "How different are tourists who decide to travel to a mature destination because of the existence of a low-cost carrier route?," Journal of Air Transport Management, Elsevier, vol. 42(C), pages 213-218.
    4. Andy Newing & Graham Clarke & Martin Clarke, 2014. "Exploring Small Area Demand for Grocery Retailers in Tourist Areas," Tourism Economics, , vol. 20(2), pages 407-427, April.
    5. Angel Barajas & Santiago Lago-Peñas & Patricio Sanchez, 2014. "On the Regional Economic Effects of the Pope's Journeys: Evidence from the Visit to Santiago de Compostela in 2010," Tourism Economics, , vol. 20(2), pages 279-299, April.
    6. Manuel A. Rivera & Kelly J. Semrad & Robertico Croes, 2016. "The internationalization benefits of a music festival," Tourism Economics, , vol. 22(5), pages 1087-1103, October.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Michael Getzner, 2020. "Spatially Disaggregated Cultural Consumption: Empirical Evidence of Cultural Sustainability from Austria," Sustainability, MDPI, vol. 12(23), pages 1-19, December.
    2. van der Ploeg, Frederick, 2006. "The Making of Cultural Policy: A European Perspective," Handbook of the Economics of Art and Culture, in: V.A. Ginsburgh & D. Throsby (ed.), Handbook of the Economics of Art and Culture, edition 1, volume 1, chapter 34, pages 1183-1221, Elsevier.
    3. Mirko Moro & Karen Mayor & Seán Lyons & Richard S J Tol, 2013. "Does the Housing Market Reflect Cultural Heritage? A Case Study of Greater Dublin," Environment and Planning A, , vol. 45(12), pages 2884-2903, December.
    4. Aleksandra Wiśniewska & Wiktor Budziński & Mikołaj Czajkowski, 2020. "An economic valuation of access to cultural institutions: museums, theatres, and cinemas," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 44(4), pages 563-587, December.
    5. Boter, Jaap & Rouwendal, Jan & Wedel, Michel, 2004. "Employing Travel Costs to Compare the Use Value of Competing Cultural Organizations," Serie Research Memoranda 0011, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    6. Tuan, Hun Tran & Navrud,Stale, 2012. "Capturing the Benefits of Preserving World Heritage Cultural Heritage Sites," EBLA Working Papers 201202, University of Turin.
    7. Aleksandra Wiśniewska & Mikołaj Czajkowski, 2015. "Utilizing the Discrete Choice Experiment Approach for Designing a Socially Efficient Cultural Policy: The case of municipal theaters in Warsaw," Working Papers 2015-36, Faculty of Economic Sciences, University of Warsaw.
    8. Eva Vicente & Pablo de Frutos, 2011. "Application of the travel cost method to estimate the economic value of cultural goods: Blockbuster art exhibitions," Hacienda Pública Española / Review of Public Economics, IEF, vol. 196(1), pages 37-63, january.
    9. Verbic, Miroslav & Slabe-Erker, Renata, 2009. "An econometric analysis of willingness-to-pay for sustainable development: A case study of the Volcji Potok landscape area," Ecological Economics, Elsevier, vol. 68(5), pages 1316-1328, March.
    10. Monika Köppl-Turyna, 2016. "Opportunistic politicians and fiscal outcomes: the curious case of Vorarlberg," Public Choice, Springer, vol. 168(3), pages 177-216, September.
    11. Ilde Rizzo & Anna Mignosa (ed.), 2013. "Handbook on the Economics of Cultural Heritage," Books, Edward Elgar Publishing, number 14326.
    12. Andy Choi & Franco Papandrea & Jeff Bennett, 2007. "Assessing cultural values: developing an attitudinal scale," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 31(4), pages 311-335, December.
    13. K. Willis & J. Snowball & C. Wymer & José Grisolía, 2012. "A count data travel cost model of theatre demand using aggregate theatre booking data," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 36(2), pages 91-112, May.
    14. DUMITRESCU Teodor Cristian, 2015. "Culture, Sustainable Urban Development And Urban Regeneration," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 67(Supplemen), pages 252-268, September.
    15. Venn, Tyron J. & Quiggin, John C., 2006. "Accommodating Indigenous Cultural Heritage Values in Resource Assessment," 2006 Conference (50th), February 8-10, 2006, Sydney, Australia 139919, Australian Agricultural and Resource Economics Society.
    16. L. E. Limonov & M. V. Nesena & A. A. Semenov, 2020. "Application of Cost-Benefit Analysis to Evaluate the Efficiency of Cultural Heritage Preservation Projects in Historic Towns of Russia," Regional Research of Russia, Springer, vol. 10(4), pages 530-537, October.
    17. Singh, Ram, 2007. "‘Causation-consistent’ liability, economic efficiency and the law of torts," International Review of Law and Economics, Elsevier, vol. 27(2), pages 179-203.
    18. Fernando A. López & Pedro J. Martínez-Ortiz & Juan-Gabriel Cegarra-Navarro, 2017. "Spatial spillovers in public expenditure on a municipal level in Spain," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 58(1), pages 39-65, January.
    19. Witte, Kristof De & Geys, Benny, 2011. "Evaluating efficient public good provision: Theory and evidence from a generalised conditional efficiency model for public libraries," Journal of Urban Economics, Elsevier, vol. 69(3), pages 319-327, May.
    20. Vahid Mojtahed & Carlo Giupponi & Claudio Biscaro & Animesh K. Gain & Stefano Balbi, 2013. "Integrated Assessment of Natural Hazards and Climate-Change Adaptation: II. The SERRA Methodology," Working Papers 2013:07, Department of Economics, University of Venice "Ca' Foscari".

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:toueco:v:16:y:2010:i:4:p:925-951. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.