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Assessing the Economic Impact of Three Major Sport Events in China: The Perspective of aTtendees

Author

Listed:
  • Haiyan Huang

    (Sport Events Research Centre, Shanghai University of Sport, 399 Changhai Road, Yangpu District, Shanghai 200438, China)

  • Luke Lunhua Mao

    (Department of Health, Exercise and Sports Sciences, University of New Mexico, Albuquerque, NM 87131, USA)

  • Suk-Kyu Kim

    (College of General Studies, Sangmyung University, 20, Hongimun 2-Gil, Jongno-Gu, Seoul 110743, Korea)

  • James J. Zhang

    (Department of Kinesiology, University of Georgia, 363 Ramsey STU CTR, 330 River Road, Athens, GA 30602, USA)

Abstract

This study assesses the economic impact of three major sport events – the Formula One Grand Prix (F1), the ATP World Tour Masters 1000 (ATP), and the Shanghai International Marathon (SIM) – on the host city in China. To that end, the authors estimate the amount of different types of attendees at the events, calculate the total expenditures generated by attendees, assess the new money inflow into the host economy and conduct an economic impact assessment via an input–output model using computer software. The results of this study confirm the notion that major sport events can be used as tools to increase the economic activities of the hosts. Furthermore, the study proposes a useful method of assessing the economic impact of sport events in non-consumer-driven economies, such as China.

Suggested Citation

  • Haiyan Huang & Luke Lunhua Mao & Suk-Kyu Kim & James J. Zhang, 2014. "Assessing the Economic Impact of Three Major Sport Events in China: The Perspective of aTtendees," Tourism Economics, , vol. 20(6), pages 1277-1296, December.
    • Handle: RePEc:sae:toueco:v:20:y:2014:i:6:p:1277-1296
    DOI: 10.5367/te.2013.0340
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    References listed on IDEAS

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    Cited by:

    1. Rasmus K. Storm & Tor Georg Jakobsen & Christian Gjersing Nielsen, 2020. "The impact of Formula 1 on regional economies in Europe," Regional Studies, Taylor & Francis Journals, vol. 54(6), pages 827-837, June.
    2. Jeremy Wood & Samuel Meng, 2021. "The economic impacts of the 2018 Winter Olympics," Tourism Economics, , vol. 27(7), pages 1303-1322, November.
    3. Kobe Helsen & Marijke Taks & Jeroen Scheerder, 2022. "Involvement, Social Impact Experiences, and Event Support of Host Residents Before, during, and after the 2021 UCI Road World Championships," Sustainability, MDPI, vol. 14(15), pages 1-22, August.
    4. Panayiotis Drakakis & Athanasios Papadaskalopoulos & Dimitrios Lagos, 2021. "Multipliers and impacts of active sport tourism in the Greek region of Messinia," Tourism Economics, , vol. 27(3), pages 527-547, May.
    5. Juan Luis Nicolau & María Jesús Santa-María, 2017. "Sports results creating tourism value," Tourism Economics, , vol. 23(3), pages 697-701, May.
    6. Víctor Lafuente Sánchez & María Devesa Fernández & José à ngel Sanz Lara, 2017. "Economic impact of a religious and tourist event," Tourism Economics, , vol. 23(6), pages 1255-1274, September.
    7. Jorge M. Andraz & Nélia M. Norte & Hugo S. Gonçalves, 2016. "Do tourism spillovers matter in regional economic analysis? An application to Portugal," Tourism Economics, , vol. 22(5), pages 939-963, October.
    8. 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.
    9. Jesyca Salgado-Barandela & à ngel Barajas & Patricio Sánchez-Fernández, 2021. "Sport-event portfolios: An analysis of their ability to attract revenue from tourism," Tourism Economics, , vol. 27(3), pages 436-454, May.
    10. Mao, Luke Lunhua & Huang, Haiyan, 2016. "Social impact of Formula One Chinese Grand Prix: A comparison of local residents’ perceptions based on the intrinsic dimension," Sport Management Review, Elsevier, vol. 19(3), pages 306-318.
    11. Luis E Pedauga & Ana Pardo-Fanjul & Juan C Redondo & José M Izquierdo, 2022. "Assessing the economic contribution of sports tourism events: A regional social accounting matrix analysis approach," Tourism Economics, , vol. 28(3), pages 599-620, May.
    12. Martin Thomas Falk & Markku Vieru, 2021. "Short-term hotel room price effects of sporting events," Tourism Economics, , vol. 27(3), pages 569-588, May.
    13. Gonçalo Quintal & Gustavo Paipe & José Luis Felipe & Maria José Carvalho, 2016. "Strategic tool to estimate the consumption patterns of non-residents spectators at sporting events (Liga NOS): Adaptation to Portuguese reality," Brazilian Business Review, Fucape Business School, vol. 13(Special I), pages 102-120, November.

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