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The Economic Impact of Cultural Events: The Umbria Jazz Music Festival

Author

Listed:
  • Bruno Bracalente
  • Cecilia Chirieleison
  • Massimo Cossignani
  • Luca Ferrucci
  • Marina Gigliotti
  • M. Giovanna Ranalli

Abstract

This paper assesses the economic impact of a cultural event on a local economy. The event analysed is the Umbria Jazz music festival, which is held annually in July in the city of Perugia in Italy. The relevance of this case study concerns the methodological problems involved in estimating the number of visitors attracted by an event characterized by numerous free concerts. In addition, through the choice of the components of expenditure and the impact analysis model, the proposed approach represents an advanced synthesis of the paths which have been developing in the literature.

Suggested Citation

  • Bruno Bracalente & Cecilia Chirieleison & Massimo Cossignani & Luca Ferrucci & Marina Gigliotti & M. Giovanna Ranalli, 2011. "The Economic Impact of Cultural Events: The Umbria Jazz Music Festival," Tourism Economics, , vol. 17(6), pages 1235-1255, December.
    • Handle: RePEc:sae:toueco:v:17:y:2011:i:6:p:1235-1255
    DOI: 10.5367/te.2011.0096
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    References listed on IDEAS

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    1. Timo Tohmo, 2005. "Economic Impacts of Cultural Events on Local Economies: An Input—Output Analysis of the Kaustinen Folk Music Festival," Tourism Economics, , vol. 11(3), pages 431-451, September.
    2. Ricardo Gazel & R. Schwer, 1997. "Beyond Rock and Roll: The Economic Impact of the Grateful Dead on a Local Economy," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(1), pages 41-55, March.
    3. Calvin Jones, 2008. "Assessing the Impact of a Major Sporting Event: The Role of Environmental Accounting," Tourism Economics, , vol. 14(2), pages 343-360, June.
    4. J.D. Snowball & G.G. Antrobus, 2002. "Valuing The Arts," South African Journal of Economics, Economic Society of South Africa, vol. 70(8), pages 1297-1319, December.
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