Südafrika wird als erster afrikanischer Staat eine Fußballweltmeisterschaft ausrichten. Dies ist eine große Aufgabe für eine junge Nation, die zwar wirtschaftlich prosperiert, aber immer noch schwer an den Lasten der Apartheid trägt und in vielerlei Hinsicht der Dritten Welt angehört. Der...

Nennenswerte wirtschaftliche Impulse von einer Fußballweltmeisterschaft sind auch dieses Mal nicht zu erwarten. Die Investitionen für Stadien und Infrastruktur in Brasilien sind zwar mit hohen Kosten für die öffentliche Hand verbunden, werden über mehrere Jahre verteilt aber keinen...

Nowadays tourism is one of the most important sectors of our country, and no one has any doubt about importance of sport for the economy. Both concepts create “sports tourism”, and “sporting events” are its greatest exponent that is having special importance both at academic and at the...

By means of an event study of stock market reactions to the announcement of the Olympic Games host cities, we find a significant and positive announcement effect of hosting the Summer Games, with a cumulative abnormal return of about 2% within a few days. We do not find any significant results...

The aim of this paper is to analyse the effects of tourism consumption on imports. The basic idea is that conversion of tourism expenditure into value added and GP depends on the effect of the former on imports. Imports are leakages that reduce the economic impact of tourism in a destination and...

In this paper, we investigate tourism-related policy approaches that WTO member countries adopted in the early weeks of the COVID-19 crisis. We highlight the need for stakeholders to coordinate their responses in order to mitigate the negative crisis effects and better prepare the sector for the...

The subject of analysis in the paper is economic impact of cultural tourism and identification of the main factors which directly affect cultural tourism revenues. Most countries do not have a statistical system of monitoring and analysing individual factors of cultural tourism such as the...

This paper contributes to the analysis of large sporting events using highly disaggregated data. We use the 1996 Olympic Games in Atlanta, which are also outstanding as one of the very few large sporting events where ex post academic analysis found significant positive effects. This paper...

Using the case of the 2006 FIFA World Cup, this study is the first to test the employment effects of a mega-sporting event on the basis of data that are both regional and sectoral. It is also the first study of sporting events to use a non-parametric test method. Earlier studies on the World Cup...

The development of standards and certification programs in global tourism has gained importance in consumption-production nexus. The paper is dealing with '€œFair Trade in Tourism South Africa'€ (FTTSA), one of the first innovative service standards with a focus on the social dimension of...