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UEFA Euro 2004 Tourism Impact Analysis

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Abstract

The purpose of this paper is exactly to approximate the tourism economic impact of the UEFA Euro 2004 in Portugal. The survey concentrates on the immediate, direct and short-term additional revenue brought into one region by the foreign sport event spectators. One innovating aspect of this paper is the direct data collection on the foreign visitors spending, contouring simulation and forecast problems. Results show an immediate short-term return investment costs generated an immediate and short-term revenue of less than one tenth of the investment costs and overall revenue leakage (or income export) of nearly 325% (50,142 million Euro) of the revenue within the defined regional spatial circuit.

Suggested Citation

  • José Cadima Ribeiro & José Viseu & Cristina Rodrigues & Tânia Delalande, 2004. "UEFA Euro 2004 Tourism Impact Analysis," NIPE Working Papers 14/2004, NIPE - Universidade do Minho.
  • Handle: RePEc:nip:nipewp:14/2004
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    File URL: http://www3.eeg.uminho.pt/economia/nipe/docs/2004/NIPE_WP_14_2004.PDF
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    Cited by:

    1. Filip, Marcin, 2012. "Gospodarcze efekty organizacji we Wrocławiu Mistrzostw Europy w piłce nożnej UEFA EURO 2012™
      [Economic impacts of UEFA Euro 2012 staging in Wroclaw]
      ," MPRA Paper 58207, University Library of Munich, Germany.

    More about this item

    Keywords

    UEFA Euro 2004; tourism impact of major sport events; sport event tourism.;

    JEL classification:

    • C42 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Survey Methods
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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