Economic impact of the Klein Karoo National Arts Festival: Investigating the application of different models

Economic impact of the Klein Karoo National Arts Festival: Investigating the application of different models

This article focuses on an economic assessment of the target obtained in South Africa regarding the Klein Karoo National Arts Festival (KKNK) applying both SAM and CGE models. Since both models have advantages and disadvantages, tourism economists are confronted with the predicament of determining w...

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Bibliographic Details
Main Authors: Lukas van Wyk, Melville Saayman, Riaan Rossouw
Format: Article
Language:English
Published: AOSIS 2013-04-01
Series:Journal of Economic and Financial Sciences
Subjects:
arts festival
economic impact
event tourism
multiplier analysis
regional CGE modelling
social accounting
Value at Risk
asymmetric GARCH
Extreme Value Theory
violations
Online Access:https://jefjournal.org.za/index.php/jef/article/view/280

Internet

https://jefjournal.org.za/index.php/jef/article/view/280

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