Abstract
Purpose: A summary of the economic impact resulting from the celebration of a sporting mega-event in the city of Cali, Colombia, is carried out in this article. Design/methodology/approach: The impacts are estimated by means of the systematic effects produced by the activities of investment/expenditure of the identified agents and the consequent multiplying effects captured from an input-output model. Findings: The World Games represented a new income flow to the city of Cali of $101.036 million pesos (≡US$53.4 mill.) and 9.598 jobs were created (≡7,711 full-time jobs). Additionally, 2,174 foreign tourists and 11,250 national tourists were attracted to the city. Originality/value: The article contributes with innovative aspects methodologically speaking, useful for future studies of economic impact in cities with low tourism located in developing countries.
| Original language | English |
|---|---|
| Pages (from-to) | 131-153 |
| Number of pages | 23 |
| Journal | Journal of Economics, Finance and Administrative Science |
| Volume | 22 |
| Issue number | 43 |
| DOIs | |
| State | Published - 2017 |
Keywords
- Cali
- Economic impact
- Sporting mega-events
- World Games
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