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Evaluating the structural effects of a big cultural event: the case of the International Expo Zaragoza 2008

Author

Listed:
  • DUARTE, Rosa
  • JIMÉNEZ, Sofía
  • LANGARITA, Raquel
  • SÁNCHEZ-CHÓLIZ, Julio

Abstract

In the summer of 2008, the International Expo Zaragoza 2008 “Water and Sustainable Development” was held in Zaragoza (Aragon, Spain). This project was expected to modernize the city and transform the Aragonese economy, with positive long-term effects on production and employment. The aim of this paper is to analyze these effects from an economic perspective, analyzing the impacts produced by the investments and tourism expenditures associated with this Expo and the structural changes, measured by forward and backward linkages and dependence graphs. Our results suggest that the small and non-permanent structural transformations are balanced by the negative effects of the international crisis.

Suggested Citation

  • DUARTE, Rosa & JIMÉNEZ, Sofía & LANGARITA, Raquel & SÁNCHEZ-CHÓLIZ, Julio, 2015. "Evaluating the structural effects of a big cultural event: the case of the International Expo Zaragoza 2008," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 15(1), pages 65-80.
  • Handle: RePEc:eaa:eerese:v:15:y2015:i:1_6
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    References listed on IDEAS

    as
    1. Manfred Lenzen & Richard Wood & Blanca Gallego, 2007. "Some Comments on the GRAS Method," Economic Systems Research, Taylor & Francis Journals, vol. 19(4), pages 461-465.
    2. Theo Junius & Jan Oosterhaven, 2003. "The Solution of Updating or Regionalizing a Matrix with both Positive and Negative Entries," Economic Systems Research, Taylor & Francis Journals, vol. 15(1), pages 87-96, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Input-output; forward and backward linkages; impact analysis; Expo Zaragoza.;

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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