scholarly journals Economic and Social Yield of Investing in a Sporting Event: Sustainable Value Creation in a Territory

2021 ◽  
Vol 13 (13) ◽  
pp. 7033
Author(s):  
Patrícia Crespo Sogas ◽  
Ivette Fuentes Molina ◽  
Àlex Araujo Batlle ◽  
Josep Maria Raya Vílchez

Sporting events are a stimulant for the economy and for improving social benefits. This paper aims to estimate a sporting event’s economic and social impact through input–output tables and cost-benefit analysis methodologies. Tangible and non-tangible impacts, such as health benefits and the value of the host city’s tourism image are investigated. Using data collected from the MedSailing event in 2019, the results show a positive return from every euro invested in the sporting event both economically and socially. Additionally, the results related to the media impact of the sporting event are shown. A single figure of net returns to society enables policymakers to assess the social value of the investment itself and make decisions that improve the economic development of the territory.

2015 ◽  
Vol 17 (01) ◽  
pp. 1550003 ◽  
Author(s):  
FRANK VANCLAY

Over 150 forms of impact assessment can be identified using Google searches, with several new forms appearing since 2003. Since then, the popularity of the various members of the impact assessment family has changed, partly in response to legislative and regulatory changes, and general trends in society. The information explosion and expansion of the internet has resulted in a 32 fold increase in the number of hits for "impact assessment", now over 12 million. The conventional methods most frequently mentioned in 2003 had relatively low proportional change over the last 10 years but remain amongst the most frequently mentioned in 2014: risk assessment, public participation, cost-benefit analysis, public involvement, environmental monitoring, and project evaluation. The terms with highest proportional change (i.e. the super-hot topics) were primarily social concerns, including: equality impact assessment, welfare impact assessment, mental health impact assessment, disability impact assessment, human impact assessment, social impact assessment, and social risk assessment. Other terms that had high proportional change included life cycle impact assessment. Information about the relative popularity of the various forms of impact assessment is used in this paper to discuss issues and trends in the broad field of impact assessment.


2016 ◽  
Author(s):  
◽  
Zack Bowersox

[ACCESS RESTRICTED TO THE UNIVERSITY OF MISSOURI AT REQUEST OF AUTHOR.] International sporting events like the Olympics and FIFA World Cup generate a great deal of attention for the athletes, the games, and for the nations that host these events. Hosting can be very prestigious for a nation, yet not all hosts are apt to be strict observers of international norms regarding human rights and human security. In these instances, the tourists who travel to see the event, and the media that broadcasts it, are better able to observe the poor behavior of a state who would rather use this opportunity to increase its international standing. Are host nations apt to improve their behavior for the sake of an international sporting event? Are they more responsive to the international criticism of their behavior when hosting an event? This research finds that states are in fact more responsive to international rights criticism, and, for the duration of the event are better observers of human rights. Yet, this positive effect is only apparent for the duration of the event.


2012 ◽  
Vol 92 (4) ◽  
pp. 525-543 ◽  
Author(s):  
S. C. Sheppard ◽  
S. Bittman

Sheppard, S. C. and Bittman, S. 2012. Farm practices as they affect NH 3 emissions from beef cattle. Can. J. Anim. Sci. 92: 525–543. Beef cattle farms in Canada are very diverse, both in size and management. Because the total biomass of beef cattle in Canada is larger than any other livestock sector, beef also has the potential for the largest environmental impact. In this study we estimate NH3 emissions associated with beef cattle production across Canada using data on farm practices obtained from a detailed survey answered by 1380 beef farmers in 11 Ecoregions. The farms were various combinations of cow/calf, backgrounding and finishing operations. The proportion of animals on pasture varied markedly among Ecoregions, especially for cows and calves, and this markedly affected the estimated NH3 emissions. The crop components of feed also varied among Ecoregions, but the resulting crude protein concentrations were quite consistent for both backgrounding and finishing cattle. Manure was stored longer in the west than in the east, and fall spreading of manure was notably more common in the west, especially when spread on tilled land. The estimated NH3 emissions per animal were relatively consistent across Ecoregions for confinement production, but because the proportion of animals on pasture varied with Ecoregion, so did the overall estimated NH3 emissions per animal. Temperature is a key factor causing Ecoregion differences, although husbandry and manure management practices are also important. Hypothetical best management practices had little ability to reduce overall emission estimates, and could not be implemented without detailed cost/benefit analysis.


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
David Parra-Camacho ◽  
Rómulo Jacobo González-García ◽  
Manuel Alonso-Dos-Santos

PurposeTo examine the social impact of a small-scale sporting event and its influence on the willingness to support future events.Design/methodology/approachA self-supplied questionnaire was used with 248 residents-sportspeople that participated in the Valencia Triathlon. Descriptive analysis, exploratory and confirmatory factorials were done through SPSS, FACTOR and EQS.FindingsThree dimensions of positive impacts were identified; sporting participation and city image, social development and human capital and economic development. The impacts in sporting participation and in the improvement to the image of the city contribute to positively explaining the willingness to support the holding of sporting events. Local sportspeople highlight their participative component and the projection of the city image as key factors to endorse holding future sporting events as a strategy for tourism.Research limitations/implicationsThe convenience sampling limits the extrapolation of the results.Practical implicationsMaking the most of the intangible aspects is recommended due to the great potential these events have to generate social capital and increase the networks of social collaboration. Give a more active role to volunteers and local organizers in an organization. Transmit the pride of the community and the sense of belonging to this community to the media and advertising communication.Social implicationsSmall scale sporting events can contribute to improving the quality of life, increasing pride, the sense of belonging of the residents, opportunities for entertainment and encouraging local participation.Originality/valueA contribution to the empirical analysis of the social impact of small-scale sporting events from the perspective of local participants.


1973 ◽  
Vol 5 (6) ◽  
pp. 705-717 ◽  
Author(s):  
Patricia F Apps

This is the second of three papers which describe a model of housing demand, using data from the town of Reading, Berkshire. The first paper sets out the theoretical framework for the model. This second paper documents the results for housing price indices and implicit prices for housing services, or characteristics, such as accessibility to employment and to schools, floor space, age, storey height, and number of garages. The third paper contains results for housing demand equations at three levels of aggregation, and for the real annual costs paid for similar housing in different tenure groups. The research is concerned with ways of obtaining information which is directly relevant to cost-benefit analysis in urban planning, information concerning what are urban services, the relative prices for the services, and the types of environments that produce these services. While the empirical work is restricted by the available data to a cross-section study of demand, the approach might be usefully applied to all types of urban analyses which involve evaluation.


Author(s):  
Juan Manuel Núñez-Pomar ◽  
Ferran Calabuig-Moreno ◽  
Vicente Añó-Sanz ◽  
David Parra-Camacho

Sporting events have become first-order promotional tools of large cities, allowing them to reach levels of dissemination economically unaffordable as conventional advertising. The social impact of the event on residents is very important, given their role as main actors. Perceptions of the residents of the cities that host sporting events have been extensively studied, although in this case a singular point of comparison to study the perception of the costs of organizing and holding the sporting event is provided. The purpose of this chapter is to assess the perception of the citizens of Valencia (Spain) on specific aspects of three sports events held in the city in 2012: European Grand Prix Formula 1, the Tennis Open 500, and Valencia Marathon. The results show significant differences in the perception of the costs of organizing the events related, and demonstrate the impact of the type of activity in the perception of residents.


2018 ◽  
Vol 60 (3) ◽  
pp. 232-237 ◽  
Author(s):  
Giang Tue Trinh

This article generalizes the well-known negative binomial distribution (NBD) theory to attendance behavior at sporting events. Using data from a large national survey across a range of sporting events in Australia, including Australian football, rugby league, soccer (outdoor), horse racing, motor sports, rugby union, cricket (outdoor), netball (indoor and outdoor), basketball (indoor and outdoor), harness racing, and dog racing, we show that the NBD is very robust in describing sporting event attendance behavior. This result has implications for sporting event marketing activities, such as which attendee segments should be targeted, how to increase ticket sales, as well as predicting future attendance behavior.


2005 ◽  
Vol 5 (6) ◽  
pp. 115-123 ◽  
Author(s):  
A. Psychoudakis ◽  
A. Ragkos ◽  
M. Seferlis

This study suggests an integrated framework for the assessment of wetland management scenarios, based on a holistic approach of wetland ecosystems. All costs and benefits of management scenarios are estimated in terms of the value of wetland functions, which are indirectly valuated with a Contingent Valuation of goods and services they provide. The social impact of introducing the scenarios is also investigated with a stakeholder analysis, based on a survey. Scenario plausibility and acceptability are examined based on the results of the stakeholder analysis; on the other hand, the assessment of the scenarios, using cost-benefit analysis and multi-criteria analysis, provides quantitative performance indicators adequate to incorporate uncertainties and mutable policy objectives. This framework is applied to assess three management scenarios for a Greek wetland. The results indicate that the continuation of existing management practices is the most efficient alternative unless interventions for the restoration of wetland functions are conservatively budgeted, while a wetland drainage scenario performs poorly both in terms of economic efficiency and social impact.


2018 ◽  
Vol 3 (2) ◽  
pp. 245-263
Author(s):  
Franco van Wyk ◽  
Anahita Khojandi ◽  
Brian Williams ◽  
Don MacMillan ◽  
Robert L. Davis ◽  
...  

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