nep-tur New Economics Papers
on Tourism Economics
Issue of 2006‒11‒04
two papers chosen by
Antonello Scorcu
Universita di Bologna

  1. Mega-Events: The effect of the world’s biggest sporting events on local, regional, and national economies By Victor Matheson
  2. US Park Recreation Values (1968-2003): A Review of the Literature By Pamela Kaval

  1. By: Victor Matheson (Department of Economics, College of the Holy Cross)
    Abstract: This paper provides an overview of the economics of sports mega-events as well as a review of the existing literature in the field. The paper describes why boosters’ <i>ex ante</i> estimates of the economic impact of large sporting events tend to exaggerate the net economic benefits of these events and surveys the results of a large number of <i>ex post</i> studies of exploring the true impact of mega-events.
    Keywords: sports, impact analysis, mega-events
    JEL: L83
    Date: 2006–10
  2. By: Pamela Kaval (University of Waikato)
    Abstract: The results of outdoor recreation consumer surplus studies for national parks, national forests, state parks and state forests in the United States from 1968 through 2003 are compared and analyzed across activity type, locational region, and park designation. The resulting data set includes 1,229 observations, spanning 36 years, 28 types of activities, and 106 locations. All consumer surplus data were converted to 2006 United States dollars per person per day for comparison purposes. It was discovered that activity and park type played a significant role in consumer surplus values. Activities such as mountain biking, windsurfing, and rock-climbing were among the highest valued activities while visiting environmental education centers was the lowest. When comparing park types, it was found that on average, activities at National Parks had higher values than national forests, state parks, or state forests. This meta-analysis is the most extensive literature review in the history of non-market consumer surplus values for outdoor recreation in the United States ever conducted and should prove beneficial to anyone seeking information on outdoor recreation studies as well as those wishing to conduct a benefit transfer analysis for their own land management area.
    Keywords: consumer surplus values; non-market valuation; Outdoor recreation; benefit transfer
    JEL: Q26
    Date: 2006–10–15

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