Reconsidering the estimation of the economic impact of cultural tourism

Tourism Management

Volumn 59, Issue , 2017, Pages 621-629

  Torre, Andrew ^a   Scarborough, Helen ^a  

^a DEAKIN UNIVERSITY   (Australia)

Author keywords

Benefit function; Cost benefit analysis; Cultural tourism; Economic impact

Indexed keywords

COST-BENEFIT ANALYSIS; DECISION MAKING; ECONOMIC IMPACT; EXPENDITURE; HERITAGE TOURISM; TOURIST BEHAVIOR;

AUSTRALIA;

EID: 84989315042     PISSN: 02615177     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.tourman.2016.09.018     Document Type: Article

References (28)

1. Abbing, H., On the rationale of public support to the Arts: Externalities in the arts revisited. Hendon, W.S., (eds.) Economic policy for the arts, 1980, Cambridge Mass.
2. Abelson, P., Evaluating major events and avoiding the mercantilist fallacy. Economic Papers 30:1 (2011), 48–59.
3. Allen, R.G.D., Mathematical analysis for economists. 1938, The Macmillan Press.
4. Aurecon, Independent review of the city of greater Bendigo. Final Recommendations Report. Available at: https://www.bendigo.vic.gov.au/About_the_City/The_Council/Independent_Review#.Vz0yakb56qw, 2013 (Accessed 19 May 2016).
5. Burgan, B., Mules, T., Economic impact of sporting events. Annals of Tourism Research 19 (1992), 700–710.
6. Cooley, T.F., Calibrated models. Oxford Review of Economic Policy 13:3 (1997), 55–69.
7. Cwi, D., Public support of the Arts: Three arguments examined. Journal of Behavioural Economics 8:1 (1979), 39–68.
8. Deery, M., Jago, L., Fredline, L., Rethinking the social impacts of tourism research: A new research agenda. Tourism Management 33 (2012), 64–73.
9. Dwyer, L., Forsyth, P., Spurr, R., Evaluating Tourism's economic effects; new and old approaches. Tourism Management 25 (2004), 307–317.
10. Dwyer, L., Jago, L., Forsyth, P., Economic evaluation of special Events: Reconciling economic impact and cost-benefit analysis. Scandinavian Journal of Hospitality and Tourism 16:2 (2016), 115–129.
11. Frey, B., Meier, S., The economics of museums. Ginsburgh, V., Throsby, D., (eds.) Handbook of the economics of art and culture, Vol. 1, 2006.
12. Heilbrun, J., Gray, C., The economics of art and culture. 2nd ed., 2001, Cambridge University Press.
13. Hone, P., Assessing the contribution of sport to the economy. Working paper No. 2, 2005, Deakin University, Melbourne.
14. International Event Resources (IER), Grace Kelly: Style Icon exhibition; Bendigo art gallery, economic impact and market research study. 2012.
15. Janeczko, B., Mules, T., Ritchie, B., Estimating the economic impacts of festivals and events: A research guide. 2002, CRC for Sustainable Tourism.
16. Lee, C., Taylor, T., Critical Reflections on the Economic Impact Assessment of a Mega-Event: The Case of 2002 FIFA World Cup. Tourism Management. 26 (2005), 595–603.
17. Li, S., Jago, L., Evaluating economic impacts of major sports events- a meta-analysis of the key trends. Current Issues in Tourism. 16 (2013), 591–611.
18. Matheson, V., Economic impact analysis. Andreff, W., Szymanski, S., (eds.) Handbook on the economics of sport, 2006, Edward Elgar Publishing Ltd.
19. Poor, P., Smith, J., Travel Cost Analysis of a Cultural Heritage Site: The Case of Historic St. Mary's City of Maryland. Journal of Cultural Economics. 28 (2004), 217–229.
20. Prayaga, P., Rolfe, J., Sinden, J., A travel cost analysis of the value of special Events: Gemfest in central Queensland. Tourism Economics 12 (2006), 403–420.
21. Scarborough, H., Bennett, J., Cost-benefit analysis and distributional preferences: A choice modelling approach. 2012, Edward Elgar, Cheltenham, UK.
22. State Government of Victoria, 2015–16 state budget – Creative industries output initiatives. Creative Victoria. 2015, State Government of Victoria, Melbourne.
23. Teigeiro, L.R., Diaz, B., Estimation of multipliers for the activity of hotels and restaurants. Tourism Management 40 (2014), 27–34.
24. Throsby, C., Withers, G., The economics of the performing arts. 1979, Edward Arnold (Australia) Pty. Ltd.
25. Vicente, E., De Frutos, P., Application of the travel cost method to estimate the economic value of cultural Goods: Blockbuster art exhibitions. Hacienda Publica Espanola/Revista de Economia Publica 196:1 (2010), 37–63.
26. Ward, F., Beal, D., Valuing nature with travel cost models: A manual. 2000, Edward Elgar, Cheltenham.
27. Wilkinson, C., Divestment push a pain in the arts. The weekend Australian, November 1–2. 2014.
28. Zerbe, R., Is benefit cost analysis Legal? Three rules. Journal of Policy Analysis and Management 17:3 (1998), 419–456.