ABSTRACT
The common reliance on traditional economic impact analysis has typically been criticised for its failure to accommodate the geographical (i.e. spatial) impacts of events and tourism, given their concentration, dispersion and occurrence at different geographical scales. The spatially myopic approach inherent in many economic analysis means that the full extent of impacts are not always uncovered. Yet for decision-makers to be fully informed of the economic effect of events is critical to making informed decisions around hosting events and likely spatial outcomes for specific communities. This chapter presents a spatially applicable framework to enable the economic effects of events to be more fully understood. The framework enables economic winners and losers to be discerned, examining event-related transactions within and between regions to obtain a more sophisticated understanding of expenditure flows in the regional economic system.
