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Assessing the Economic Impact of Culture in English Market Towns: A Causal Chain Approach

Author

Listed:
  • Robert Young

    (Nottingham University Business School, University of Nottingham, Jubilee Campus, Wollaton Road, Nottingham NG8 1BB, UK)

  • Anita Fernandez Young

    (Tourism and Travel Research Institute, University of Nottingham, Nottingham, UK)

  • Jennifer Parkin

    (School of Social Sciences, Nottingham Trent University, Nottingham, UK)

  • Abigail Diamond

    (CFE, Leicester, UK)

Abstract

In assessing the economic impact of a cultural event or attraction, the number of visits caused by the event or attraction is the pivotal variable. In the instance of many visitors, the causal impact is neither absent nor complete, but partial. The authors develop a method of assessing directly the aggregate causal impact of a cultural event or attraction and apply this in four case studies of culture in market towns. There emerges a pattern in the way economic impact comes about.

Suggested Citation

  • Robert Young & Anita Fernandez Young & Jennifer Parkin & Abigail Diamond, 2010. "Assessing the Economic Impact of Culture in English Market Towns: A Causal Chain Approach," Tourism Economics, , vol. 16(4), pages 925-951, December.
    • Handle: RePEc:sae:toueco:v:16:y:2010:i:4:p:925-951
    DOI: 10.5367/te.2010.0016
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    References listed on IDEAS

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    1. Kristien Werck & Bruno Heyndels & Benny Geys, 2008. "The impact of ‘central places’ on spatial spending patterns: evidence from Flemish local government cultural expenditures," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 32(1), pages 35-58, March.
    2. Terry Auld & Sarah McArthur, 2003. "Does Event-Driven Tourism Provide Economic Benefits? A Case Study from the Manawatu Region of New Zealand," Tourism Economics, , vol. 9(2), pages 191-201, June.
    3. Forrest, David & Grime, Keith & Woods, Robert, 2000. "Is It Worth Subsidising Regional Repertory Theatre?," Oxford Economic Papers, Oxford University Press, vol. 52(2), pages 381-397, April.
    4. Ståle Navrud & Richard C. Ready (ed.), 2002. "Valuing Cultural Heritage," Books, Edward Elgar Publishing, number 1759.
    5. Young, Robert & Faure, Michael & Fenn, Paul, 2004. "Causality and causation in tort law," International Review of Law and Economics, Elsevier, vol. 24(4), pages 507-523, December.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Aaron Gutiérrez & Daniel Miravet & Òscar Saladié & Salvador Anton Clavé, 2020. "High-speed rail, tourists’ destination choice and length of stay: A survival model analysis," Tourism Economics, , vol. 26(4), pages 578-597, June.
    2. Angel Barajas & Santiago Lago-Peñas & Patricio Sanchez, 2014. "On the Regional Economic Effects of the Pope's Journeys: Evidence from the Visit to Santiago de Compostela in 2010," Tourism Economics, , vol. 20(2), pages 279-299, April.
    3. Manuel A. Rivera & Kelly J. Semrad & Robertico Croes, 2016. "The internationalization benefits of a music festival," Tourism Economics, , vol. 22(5), pages 1087-1103, October.
    4. Sungsoo Kim, 2021. "Assessing economic and fiscal impacts of sports complex in a small US county," Tourism Economics, , vol. 27(3), pages 455-465, May.
    5. Clavé, Salvador Anton & Saladié, Òscar & Cortés-Jiménez, Isabel & Fernandez Young, Anita & Young, Robert, 2015. "How different are tourists who decide to travel to a mature destination because of the existence of a low-cost carrier route?," Journal of Air Transport Management, Elsevier, vol. 42(C), pages 213-218.
    6. Andy Newing & Graham Clarke & Martin Clarke, 2014. "Exploring Small Area Demand for Grocery Retailers in Tourist Areas," Tourism Economics, , vol. 20(2), pages 407-427, April.

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