Evaluating the structural effects of a big cultural event: the case of the International Expo Zaragoza 2008

• Rosa DUARTE ^[1] ; Sofia JIMENEZ ^[1] ; Raquel LANGARITA ^[1] ; Julio SANCHEZ - CHOLIZ ^[1]
  1. [1] Universidad de Zaragoza

     Universidad de Zaragoza

     Zaragoza, España

     
• Localización: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES, ISSN 1578-4460, Vol. 15, Nº. 1, 2015, págs. 61-76
• Idioma: inglés
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• Resumen

  • In the summer of 2008, the International Expo Zaragoza 2008 “Water and Sustainable Development” was held in Zaragoza (Aragon, Spain). This project was expected to modernize the city and transform the Aragonese economy, with positive long-term effects on production and employment. The aim of this paper is to analyze these effects from an economic perspective, analyzing the impacts produced by the investments and tourism expenditures associated with this Expo and the structural changes, measured by forward and backward linkages and dependence graphs. Our results suggest that the small and non-permanent structural transformations are balanced by the negative effects of the international crisis.