(DOWNLOAD) "An Examination of Direct Spending Patterns and Economic Impact Figures Associated with the 2007 XTERRA World Championship (Report)" by VAHPERD Journal # eBook PDF Kindle ePub Free
eBook details
- Title: An Examination of Direct Spending Patterns and Economic Impact Figures Associated with the 2007 XTERRA World Championship (Report)
- Author : VAHPERD Journal
- Release Date : January 22, 2008
- Genre: Education,Books,Professional & Technical,Sports & Outdoors,
- Pages : * pages
- Size : 74 KB
Description
Each year thousands of sporting events are hosted by cities located throughout the United States. The benefits for cities and surrounding communities that host sporting events can be significant (Turco and Navarro, 1993; Li & Eschenfelder, 2007). Determining the economic impact of sporting events for sponsoring cities can help to justify the hosting of future sporting events (Wang and Irwin, 1993). Over the years, a number of economic impact and direct spending studies have examined "spectator oriented" sporting events (Ayers, 1997). These studies have primarily focused on surveying out-of-town spectators who attend sporting events. Money that is spent in the community by out-of-town sport spectators is considered to be "new" money that has a ripple or multiplier effect in the community. Very few economic impact studies have examined "participant oriented" sporting events. A growing number of "participant oriented" sporting events are being recruited to communities in order to generate tourism dollars. With the increase in the number of "participant oriented" sporting events where hundreds and sometimes thousands of participants travel great distances to compete, a need exists to study the potential economic impact of these sporting events on local communities.
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