Estimating the economic impact of mega events (2nd ed.)

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

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.


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


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).


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 economic impact estimates.


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 del Corso
Stato del Corso
Tutoraggio Soft
4 settimane
Ore formazione
Scienze Sociali
Avvio Iscrizioni
6 Feb 2019
Apertura Corso
29 Apr 2019
Inizio Tutoraggio
29 Apr 2019
Fine Tutoraggio
21 May 2019
Tutoraggio Soft
22 May 2019
Chiusura Corso
Non impostato

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