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Direct Economic Short-Term Impact of Public Spending in Sporting Events: The Case of the Elite and Senior Badminton World Championships

Author

Listed:
  • María Quirante

    (Department of Physical Education and Sports, Faculty of Sport Science, University of Granada, 18011 Granada, Spain)

  • Jordi Seguí-Urbaneja

    (National Institute of Physical Education of Catalonia (INEFC), University of Lleida (UdL), 25192 Lleida, Spain
    Grup d’Investigació Social i Educativa de l’Activitat Física i de l’Esport (GISEAFE), INEFC, University of Barcelona (UB), 08038 Barcelona, Spain)

  • Juan Carlos Guevara-Pérez

    (Faculty of Economics and Business, University of Zaragoza, 50005 Zaragoza, Spain)

  • David Cabello-Manrique

    (Department of Physical Education and Sports, Faculty of Sport Science, University of Granada, 18011 Granada, Spain)

Abstract

Sporting events are drivers of urban life and have the potential to bring substantial short-term economic benefits to the host region by attracting visitor spending. This study has analyzed the impact generated by the 2021 Senior and Elite Badminton World Championships that took place in Huelva, Spain. The objectives are (i) determine the economic impact and determining factors; and (ii) the impact on the development of badminton in the region. For this purpose, the study used the Cost-Benefit Analysis approach to estimate the cashflows through a survey applied to both events. The results reflect a direct positive impact on the region’s economy, although the results are not as satisfactory at the sporting level. The article contributes to the few mid-range event studies on a minority sport in a city with a highly developed tourism sector.

Suggested Citation

  • María Quirante & Jordi Seguí-Urbaneja & Juan Carlos Guevara-Pérez & David Cabello-Manrique, 2024. "Direct Economic Short-Term Impact of Public Spending in Sporting Events: The Case of the Elite and Senior Badminton World Championships," Tourism and Hospitality, MDPI, vol. 5(2), pages 1-14, May.
    • Handle: RePEc:gam:jtourh:v:5:y:2024:i:2:p:24-394:d:1389857
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    References listed on IDEAS

    as
    1. Robert W. Wassmer & Ryan S. Ong & Geoffrey Propheter, 2016. "Suggestions for the Needed Standardization of Determining the Local Economic Impact of Professional Sports," Economic Development Quarterly, , vol. 30(3), pages 252-266, August.
    2. Juan Carlos Guevara-Pérez & Jorge Rojo-Ramos & Santiago Gómez-Paniagua & Jorge Pérez-Gómez & José Carmelo Adsuar, 2022. "Preliminary Study of the Psychometric Properties of a Questionnaire to Assess Spanish Canoeists’ Perceptions of the Sport System’s Capacity for Talent Development in Women’s Canoeing," IJERPH, MDPI, vol. 19(7), pages 1-10, March.
    3. Markus Brückner & Evi Pappa, 2015. "News Shocks in the Data: Olympic Games and Their Macroeconomic Effects," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 47(7), pages 1339-1367, October.
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