Research Areas

The Trinidad Alfonso Foundation has presented the rules governing its Competition Support Program, which is aimed at promoting and supporting the organization of official sports competitions in the Valencian Community. To be eligible for support, sports events must be official competitions (national or international), and funding recipients must be Spanish federations or universities that organize official sports competitions hosted in the region. In addition to raising the national and international profile of the Valencian Community, the aim is to encourage wealth creation in the regional economy, given that it is the spending by participants from outside the region that is most significant when it comes to generating economic impacts.

In this context, the aim of the study is to estimate the economic impact in terms of income (GDP) and employment associated with the Competition Support Program, taking into consideration all the competitions that will be funded during the period covered by the program. The estimated impacts are generated both by tourist spending (by participants from outside the Valencian Community) and expenditure on the organization of events. The report will provide an aggregate estimate of the economic impact of the program as a whole, and specific estimates for the competitions with the most significant impact. As in other economic impact studies, an input-output model will be used, and the corresponding table will be constructed for the Valencian Community.