FORECASTING THE ECONOMIC IMPACTS OF EVENTS AND CONVENTIONS

Authors: DWYER L.¹; MELLOR R.¹; MISTILIS N.¹; MULES T.²

Source: Event Management, Volume 6, Number 3, 2000 , pp. 191-204(14)

Publisher: Cognizant Communication Corporation

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Abstract:

Governments often receive requests to provide funding to support special events and conventions because of their alleged positive impacts, economic and otherwise, on a destination. In these circumstances, a framework of assessment is required to determine the extent of support, if any, that is to be given to alternative events. In a companion article (this issue), a framework was developed for assessing “tangible” and “intangible” impacts of events and conventions. This article shows how the framework can be used as a forecasting tool to inform government as to the “deservedness” of different events and conventions to receive public funding.

Keywords: Tangible impacts Intangible impacts Forecasting mo

Language: English

Document Type: Research article

Affiliations: 1: *Centre for Tourism and Hospitality Research, University of Western Sydney, Campbelltown, NSW, Australia 2560 2: †Canberra University

Publication date: 2000-01-01

More about this publication?

Event Management, an International Journal, intends to meet the research and analytic needs of a rapidly growing profession focused on events. This field has developed in size and impact globally to become a major business with numerous dedicated facilities, and a large-scale generator of tourism. The field encompasses meetings, conventions, festivals, expositions, sport and other special events. Event management is also of considerable importance to government agencies and not-for-profit organizations in a pursuit of a variety of goals, including fund-raising, the fostering of causes, and community development.