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Journal of Economics, Finance and Administrative Science

Print version ISSN 2077-1886

Abstract

AGUADO, Luis F; OSORIO, Ana M; ARBONA, Alexei  and  PENA-VINCES, Jesús C. Efectos de la realización de un megaevento deportivo sobre una economía local: El caso de los Juegos Mundiales 2013 Cali. Journal of Economics, Finance and Administrative Science [online]. 2017, vol.22, n.43, pp.131-153. ISSN 2077-1886.

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.

Keywords : Economic impact; Sporting mega-events; World Games; Cali.

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