Public Sector Support for Special Events

Dwyer, Larry; Forsyth, Peter

doi:10.1057/eej.2009.31

Cited by 37 publications

(25 citation statements)

References 21 publications

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“…Unlike what was found by Dwyer and Forsyth (2009) who confirmed the economic benefits of events as a primary reason for a resident to support the event in their study, adifferent finding was found in Kelantan. Data from the interview sessionsindicate that residents did not perceivethe economic impact of the KIKF to be as great as what was found in other studies.…”

Section: Perceived Economic Benefits and Cost Of Kikfcontrasting

confidence: 88%

Crop Insurance Scheme Among Paddy Farmers in Kedah, Malaysia: Are They Willing to Pay?

Ahmad¹,

Rawi²,

Basri³

et al. 2018

TJSSR

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Kelantan International Kite Festival (KIKF) is hosted by Kelantan State Government annually as one of the many products to attract tourists and visitors to the state as well as to provide recreational activities to local residents. Since first hosting it 37 years ago, the state believes that the festival is an important showcase of Kelantan Malay tradition and cultural heritage. However, no systematic investigation has been undertaken, thus far to understand the perceptions held by local residents towards the festival. Understanding resident perceptions are crucial in the process of promoting any local resources, including cultural resource, in tourism development. Using qualitative data collected through in-depth interviews with the residents, this study examines residents" perceived impacts of KIKF. Specifically, this study was focused in understanding major impacts brought by KIKF as perceived by residents and whether these perceived impacts echo those mentioned by existing literature. Findings from this study indicate that respondents have the positive spirit with regards to KIKF especially because they perceive that KIKF has the potential to preserve their cultural traditions. This festival is something that the residents look forward for every year even when they know that the festival causes traffic congestion and that outsider are the ones benefitting from it economically.

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Section: Perceived Economic Benefits and Cost Of Kikfcontrasting

confidence: 88%

Crop Insurance Scheme Among Paddy Farmers in Kedah, Malaysia: Are They Willing to Pay?

Ahmad¹,

Rawi²,

Basri³

et al. 2018

TJSSR

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“…Input–output models are a traditional method of estimating the impacts of expenditure on GSP and employment 6 . However, as Dwyer and Forsyth (2009) and others have shown, they have several critical limitations.…”

Section: Review Of Assessment Methodsmentioning

confidence: 99%

“…It is sometimes suggested (see, for example, Dwyer and Forsyth, 2009) that CBA cannot estimate the inter-industry impacts of an event, impacts on exchange rates, the shadow price of labour or labour or capital surpluses without the use of a CGE model. In practice, these estimates are often based on assumptions fed into the models rather than outcomes of them.…”

Section: Cba Evaluationmentioning

confidence: 99%

“…However, estimates of regional output vary greatly with differing assumptions about inter-regional labour and capital mobility. As Dwyer and Forsyth (2009) emphasise, CGE models can also estimate an industry-level impact and show the interactions between industries (or sectors). However, they rarely show what happens within an industry or market.…”

Section: Cge Modellingmentioning

confidence: 99%

See 1 more Smart Citation

Evaluating Major Events and Avoiding the Mercantilist Fallacy*

Abelson

2011

J of App Econs and Policy

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This paper reviews various methods for evaluating the economic impacts of major events such as World (Catholic) Youth Day and the Football World Cup. The paper recommends cost–benefit analysis, which is surprisingly rarely used for such evaluations. A computable general equilibrium (CGE) model may provide estimates of national or regional output or consumption impacts. But CGE models are not usually designed to estimate very short‐term impacts on economies or welfare effects, allowing, for example, for labour opportunity costs and non‐market effects. A case study based on the Australian Formula 1 Grand Prix supports these observations. The paper also discusses and dismisses various other evaluation methods such as input–output or economic impact analysis and injected export expenditure that typically exaggerate the benefits of export income (the Mercantilist Fallacy).

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“…(Dwyer, Forsyth a Spurr, 2005). V případě veřejné podpory je CBA tím nejlepším možným nástrojem pro analýzu dopadů akce, protože ukazuje čisté sociální přínosy z konání akce a dává tak jasnou odpověď veřejnému sektoru, jestli jsou veřejné zdroje alokovány efektivně (Dwyer, Forsyth, 2009  do kalkulace lze zahrnout hmotné i nehmotné náklady  obsahuje náklady obětované příležitosti  počítá s omezeností zdrojů  obsahuje externality CBA negativa:…”

Section: Cost Benefit Analýza (Cba)unclassified