Estimating the economic impact of mega events


The course offers an introduction to the economic impact estimation of mega events. It presents different methods of evaluation and some of the results given by their application, highlighting pros and cons of each one.

Estimating the economic impact of mega events

The course offers an introduction to the economic impact estimation of mega events. It presents different methods of evaluation and some of the results given by their application, highlighting pros and cons of each one.

The participants will acquire the basic knowledge:

  • to estimate rigorously and without distortion the forecastable impact of a mega event (Olympics, Expo or similar); 
  • to evaluate the validity of estimates produced by others.

The basic requisite is intellectual curiosity and rigour. Apart from this there are no requisite expect for a lecture where the basic mathematics of Input-output model are exposed (requirement: basic matrix algebra, convergence of series). This section is optional; the final certificate will indicate whether you also validated this section.

Althues, S., & Maier, H. (2002). Exhibition "EXPO 2000" in Hanover/Germany in 2000 Impact on Regional Economy based on German Input-Output Tables a priori and a posteriori. Fourteenth International Conference on Input-Output Techniques. Montréal, Canada

Baaijens SR, Nijkamp P, van Montfoort K. (1997) Explanatory meta-analysis of tourist income multipliers an application of comparative research to island economies. J Policy Model 22(7): 821–858

Dwyer. (2006). Assessing the economic impact of events: a Computable General Equilibrium model. Journal of travel research, 45-59.

Fourie, J., & Santana-Gallego, M. (2011). The impact of mega-sport events on tourist arrivals. Tourism Management, 1364-1370

Jakobsen, J., Solberg, H. A., Halvorsen, T., & Jakobsen, T. G. (2012). Fool's gold: major sport events and foreign direct investment. International Journal of Sport, 1-18.

Matheson, V. A. (2008). Mega-events: The effect of the world's biggest sporting events on local, regional, and national economies. In D. Howard, & B. Humphreys, The Business of Sports, Vol. 1 (p. 81-99). Westport, CT: Praeger Publishers.

Rose, & Spiegel. (2010). the Olympic Effects

McHugh, D. (2006). A Cost-Benefit Analysis of an Olympic Games. Kingston, Canada: Queen’s Economics Department.


The course has 4 Sections provided with video lectures, forum for discussion and progressive tests to verify your improvements.

You can have the Certificate of Attendance after watching all video lectures and answering at least 7 questions out of 10 of each test correctly (you can retry each answer twice).
Methods and results supporting mega events

We present the claims occasionally formulated about the benefits of mega events and indicate how this traditional view is challenged in various ways. We also introduce the main methods available for Economic Impact assessment, and explain why Input-Output methods is the dominating paradigm.


Lezioni

Introduction to week 1 (01'19'')
Mega events, mega expectations (08'43'')
Where do these figures come from? (10'04'')
Input-Output in a nutshell (08'37'')
Alternatives to Input-Output (17'48'')
Reasons for success of Input-Output (04'35'')
Costs and revenues estimates

Understand whether and why costs and revenues from mega events are usually estimated correctly


Lezioni

Introduction to week 2 (01'39'')
Economics schemes are various and misguiding (08'14'')
Costs: risks of underestimate (07'52'')
Ticketing revenues (07'13'')
Other revenues (04'16'')
Event balance sheet: some issues (08'45'')
Input-Output models

Get sufficient understanding of Input-Output models to be used for economic impact assessment. We also provide the basic mathematics of Input-Output in an optional modules (requisite : basic matrix calculation, convergence of series).


Lezioni

Introduction to Unit 3 (02'19'')
Input-Output models: the basics (09'09'')
Input Output model: Simple Mathematical representation (15'16'') - optional
Some extras on IO (09'26'')
Input-Output limits (13'16'')
Long term effects and legacy (09'45'')
Guidelines for Economic Impact Evaluation

Provides a checklist for verifying the soundness of


Lezioni

Introduction to week 4 (01'53'')
Transparent and informed (06'55'')
Critic (02'39'')
Realistic (07'20'')
Territorially coherent (07'50'')
Conceptually coherent (06'16'')
Conclusion (05'12'')
Modalità Corso
Tutoraggio
Stato del corso
Archiviati
Durata
4 settimane
Impegno
2 ore/settimana
Ore formazione
9
Categoria
Scienze Sociali
Lingua
Inglese
Tipo
Online
Livello
Base
Avvio Iscrizioni
20 Apr 2018
Apertura Corso
7 Mag 2018
Inizio Tutoraggio
7 Mag 2018
Fine Tutoraggio
17 Giu 2018
Tutoraggio Soft
18 Giu 2018
Fine Iscrizioni
24 Giu 2018
Chiusura Corso
15 Lug 2018

Partecipazione e Attestati

Quota di iscrizione
GRATUITO!
Attestato di Partecipazione
GRATUITO!

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