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on Tourism Economics |
| By: | J. Edward Taylor |
| Abstract: | The purpose of this guideline is to make praticioners aware of simulation approaches for the evaluation of tourism projects. Simulation approaches are particularly useful when experimental or economic approaches for project evaluation are not feasible. For example, it usually is not possible to roll out a tourism-promotion program for a randomly chosen “treatment group” while excluding the program’s benefits for a “control group” at the tourist destination. The guideline explains why a simulation approach is useful for tourism impact analysis, what a simulation model for the economic analysis of tourism impacts looks like, and data requirements. With the help of an illustrative two-island model, the guideline shows how to construct different kinds of simulation models and how to use simulations to quantify the costs and benefits of tourism and tourism projects. The guideline concludes by discussing some specific IDB projects in which this methodology has been used for tourism impact analysis. The primary goal of this paper is to make development practitioners aware of simulation approaches for tourism impact analysis and of how to integrate these approaches into their project proposals, budgets, and terms of reference for expert consultants. |
| Keywords: | Tourism, Impact Evaluation, Regional Development, Simulation, General Equilibrium Models, Poverty, Development Effectiveness |
| JEL: | C81 L83 O12 O18 O22 R11 R58 |
| Date: | 2010–12 |
| URL: | http://d.repec.org/n?u=RePEc:idb:spdwps:1008&r=tur |
| By: | Victor Matheson |
| Abstract: | The Super Bowl is America’s premier sporting event. This paper details basic economic facts about the game and examines the controversy surrounding the purported economic impact of the game on host communities. While the league and sports boosters claim that the game brings up to a $500 million economic impact to host cities, a review of the literature suggests that the true economic impact is a fraction of this amount. |
| Keywords: | sports, stadiums, Super Bowl, impact analysis, football |
| JEL: | L83 |
| Date: | 2010–01 |
| URL: | http://d.repec.org/n?u=RePEc:spe:wpaper:1001&r=tur |
| By: | Smith, Mark; Parkins, John R. |
| Abstract: | The forest economy is in transition across Canada. Faced with high dollar values, increasing competition within the global market, high input costs for energy, labour and fibre, and growing expectations for environmental performance, the forest sector is undergoing significant economic transitions as companies across the country cut costs, close mills and shed jobs. This report contributes to our understanding of community response to mill closure with a detailed description of six case study communities during a period of forest industry mill closures. Three communities are in British Columbia (Mackenzie, Quesnel and Fort St. James) and three communities are in New Brunswick (Dalhousie, Nackawic and Mirimachi). Empirical information is derived from national and local media reports as well as recent data from the Census of Canada. Key thematic areas include resilience, economic diversification, the nature of mill closure, union involvement, government involvement and concerns over government policy changes such as appurtenancy. |
| Keywords: | media analysis, rural sociology, community development, rural development, social change, Community/Rural/Urban Development, R52, R58, Q33, |
| Date: | 2011–01 |
| URL: | http://d.repec.org/n?u=RePEc:ags:ualbpr:98645&r=tur |
| By: | Robert A. Baade (Department of Business and Economics, Lake Forest College); Victor A. Matheson (Department of Economics, College of the Holy Cross) |
| Abstract: | This paper examines public financing of professional sports facilities with a focus on both early and recent developments in taxpayer subsidization of spectator sports. The paper explores both the magnitude and the sources of public funding for professional sports facilities. |
| Keywords: | Stadiums, arenas, sports, subsidies |
| JEL: | L83 O18 R53 J23 |
| Date: | 2011–01 |
| URL: | http://d.repec.org/n?u=RePEc:hcx:wpaper:1102&r=tur |