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Beyond Rock and Roll: The Economic Impact of the Grateful Dead on a Local Economy

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  • Ricardo Gazel
  • R. Schwer

Abstract

For-profit popular music concerts, a seldom studied event, may create sizeable economic impacts in a local economy. Using information from a survey of more than 1,000 concert goers to a Grateful Dead performance in Las Vegas and RIMS II multipliers, we estimate income and employment impacts. We conclude that the potential large spill-overs effects of such an event should not be ignored. Copyright Kluwer Academic Publishers 1997

Suggested Citation

  • Ricardo Gazel & R. Schwer, 1997. "Beyond Rock and Roll: The Economic Impact of the Grateful Dead on a Local Economy," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 21(1), pages 41-55, March.
  • Handle: RePEc:kap:jculte:v:21:y:1997:i:1:p:41-55
    DOI: 10.1023/A:1007372721259
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    References listed on IDEAS

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    1. R. Keith Schwer & Dan S. Rickman, 1995. "A comparison of the multipliers of IMPLAN, REMI, and RIMS II: Benchmarking ready-made models for comparison," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 29(4), pages 363-374.
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    Cited by:

    1. Dick Stanley & Judy Rogers & Sandra Smeltzer & Luc Perron, 2000. "Win, Place or Show: Gauging the Economic Success of the Renoir and Barnes Art Exhibits," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 24(3), pages 243-255, August.
    2. Maria Llop & Josep-Maria Arauzo-Carod, 2012. "Identifying the economic impact behind a cultural asset: an input–output subsystems analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(3), pages 861-877, December.
    3. Gabe, Todd & Lisac, Nicholas, 2013. "Local Economic Impacts of Popular Music Concerts," MPRA Paper 65911, University Library of Munich, Germany.
    4. Maria Llop & Josep-Maria Arauzo-Carod, 2012. "Economic impact of a new museum on the local economy: “the Gaudí Centre”," Letters in Spatial and Resource Sciences, Springer, vol. 5(1), pages 17-23, March.
    5. Julia Hiscock & David E. Hojman, 2004. "Where Have All the Flowers Gone? Coase Theorem Failures in English Summer Cultural Events: The Case of Sidmouth International Festival," Research Papers 200406, University of Liverpool Management School.
    6. Aliza Fleischer & Daniel Felsenstein, 2002. "Cost-Benefit Analysis Using Economic Surpluses: A Case Study of a Televised Event," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 26(2), pages 139-156, May.
    7. Amir B. Ferreira Neto & Fernando S. Perobelli & Alexandre Rabelo, 2015. "Looking Behind the Scenes: An Assessment of the Interdependence of Brazilian Cultural Industries," Working Papers Working Paper 2015-05, Regional Research Institute, West Virginia University.
    8. Todd M. Gabe & Nicholas A. Lisac, 2014. "A Note on the Effects of Popular Music Concerts on Hospitality Sales: The Case of Waterfront Concerts in Bangor, Maine," The Review of Regional Studies, Southern Regional Science Association, vol. 44(1), pages 61-74, Spring.
    9. repec:pri:cpanda:wp20%20-%20guetzkow is not listed on IDEAS
    10. repec:eee:touman:v:31:y:2010:i:2:p:240-249 is not listed on IDEAS

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