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Economic and social yield of investing in a sporting event: Sustainable value creation in a territory

  • Authors
  • Crespo Sogas P, Fuentes Molina I, Araujo Batlle A, Raya Vilchez JM
  • UPF authors
  • RAYA VILCHEZ, JOSÉ MA.; CRESPO SOGAS, PATRÍCIA;
  • Type
  • Articles de recerca
  • Journal títle
  • Sustainability
  • Publication year
  • 2021
  • Volume
  • 13
  • Number
  • 13
  • Pages
  • 0-0
  • ISSN
  • 2071-1050
  • Publication State
  • Publicat
  • Abstract
  • Sporting events are a stimulant for the economy and for improving social benefits. This paper aims to estimate a sporting event¿s economic and social impact through input¿output tables and cost-benefit analysis methodologies. Tangible and non-tangible impacts, such as health benefits and the value of the host city¿s tourism image are investigated. Using data collected from the MedSailing event in 2019, the results show a positive return from every euro invested in the sporting event both economically and socially. Additionally, the results related to the media impact of the sporting event are shown. A single figure of net returns to society enables policymakers to assess the social value of the investment itself and make decisions that improve the economic development of the territory
  • Complete citation
  • Crespo Sogas P, Fuentes Molina I, Araujo Batlle A, Raya Vilchez JM. Economic and social yield of investing in a sporting event: Sustainable value creation in a territory. Sustainability 2021; 13(13).
Bibliometric indicators
  • 0 times cited Scopus
  • 0 times cited WOS
  • Índex Scimago de 0.612 (2020)