According to tourism.gov.ph
(2010), ‘Sport Tourism is defined as a specific travel outside of the usual
environment for either passive or active involvement in competitive sport,
where sport is the prime motivated reason for travel and the touristic or
leisure element may act to reinforce the overall experience’. What is economic
impact of sport tourism? From my understanding of the article it’s evident to
me that this is simply the revenue coming into the local economy from outside
the local economy, for example a foreigner coming to Trinidad and Tobago for a
sporting event and spending whether it be their currency or our local currency
at the event or in our country. Economic impact can be calculated using a many
methods, however there are four general approaches to calculating economic
impact: 1) subjective estimates, relying on primarily on expert judgment; 2)
aggregate secondary data, involving adjusting comparable estimates; 3)
disaggregate secondary data, allowing more in- depth adjustments to better suit
the study focus; and 4) primary data- typically visitor surveys and formal
economic models. However the key factor in determining the most appropriate
step for economic impact calculation is primary and secondary data.

                     Primary data is
information that can be collected specifically for the purpose of your research
project. This is specifically tailored to your research however this could be
very costly to obtain. This deals with simple questions such as the event type,
event duration, age of participants and number of participants just to name a
few. Based on the article these questions were used to help in estimating the
average economic impact of economy by assuming that expenditure and attendance
averages from previous economic impact reports. This method outlines efficient
way of estimating total attendance, average daily expenditure and total
spending effects. Primary data also offers a procedure by which city planners
can utilize basic information as the above-mentioned questions rather than
conducting surveys.

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                        Secondary data refers
to data that was collected by someone other than the user basically previous
research on the same or similar topic. When using this type of data in
comparison to that of your primary data collect there are two key factors that
should be considered. Firstly, in order to reasonably estimate figures to be
considered for the calculation of economic impact the secondary data should be
similar to that of primary data and secondly, the level of division available
within the study is key. These are important because it helps in analyzing the
data correctly and giving a more efficient reading of the stats. If this isn’t
done correctly this could lead to misapplication of the formula resulting in
either a positive outcome when it suppose to be negative or negative when it
suppose to reflect positive. This also determines if there are returns on
investment or lost by the event holder/ host country.

                          In concluding both
the primary and secondary data are very important in determining the economical
impact of sport tourism for both small and large sporting events in a country.
Small or amateur sporting events, is a safer way of spurring local tourism as
such events doesn’t demand no major amount of government funding. Primary data
in relation to the event will be theoretically preferable, though it might be
costly. Though secondary data were mentioned via the article no studies were recognized
defining the use of such process.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References

 

Kurtzman, S., Upper, W. and
Charumbarum, S. (1994). Economic Impact of Sport Tourism Activities. Journal of
Sport & Tourism, 1(3), pp.36-50

 

Tourism.gov.ph. (2018). Retrieved
from http://www.tourism.gov.ph/ (Accessed 24 Jan. 2018).