Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model

Against the background of surging globalization and accelerating urbanization, more and more cities are choosing to reposition their urban landscape by hosting sports events at different levels to achieve a great leap forward in urban development. Major sporting events can quickly gather various res...

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Main Authors: Lina Wang, Fanfei Zhao, Guanqun Zhang
Format: Article
Language:English
Published: Wiley 2022-01-01
Series:Journal of Mathematics
Online Access:http://dx.doi.org/10.1155/2022/7769128
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author Lina Wang
Fanfei Zhao
Guanqun Zhang
author_facet Lina Wang
Fanfei Zhao
Guanqun Zhang
author_sort Lina Wang
collection DOAJ
description Against the background of surging globalization and accelerating urbanization, more and more cities are choosing to reposition their urban landscape by hosting sports events at different levels to achieve a great leap forward in urban development. Major sporting events can quickly gather various resources from all over the country and even the world for a city, promoting it to become a world-famous city with international influence. In the twenty-first century, more and more Chinese cities are bidding to host important sporting events at different levels, but historical experience shows that hosting slightly important sporting events is a “double-edged sword” and economic benefits are no longer the main reason for a city to host an event. Using the SWOT-PEST model, this paper provides an in-depth analysis of the advantages, disadvantages, opportunities, and challenges of marginally important sporting events of different levels affecting the regional economy from political, economic, social, and technological aspects, so as to understand in detail the economic impact of sporting events.
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institution Kabale University
issn 2314-4785
language English
publishDate 2022-01-01
publisher Wiley
record_format Article
series Journal of Mathematics
spelling doaj-art-56c2e900de8a43e286504c095e7841f22025-02-03T01:12:14ZengWileyJournal of Mathematics2314-47852022-01-01202210.1155/2022/7769128Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST ModelLina Wang0Fanfei Zhao1Guanqun Zhang2Department of Physical EducationJitang College of North China University of Science and TechnologyJitang College of North China University of Science and TechnologyAgainst the background of surging globalization and accelerating urbanization, more and more cities are choosing to reposition their urban landscape by hosting sports events at different levels to achieve a great leap forward in urban development. Major sporting events can quickly gather various resources from all over the country and even the world for a city, promoting it to become a world-famous city with international influence. In the twenty-first century, more and more Chinese cities are bidding to host important sporting events at different levels, but historical experience shows that hosting slightly important sporting events is a “double-edged sword” and economic benefits are no longer the main reason for a city to host an event. Using the SWOT-PEST model, this paper provides an in-depth analysis of the advantages, disadvantages, opportunities, and challenges of marginally important sporting events of different levels affecting the regional economy from political, economic, social, and technological aspects, so as to understand in detail the economic impact of sporting events.http://dx.doi.org/10.1155/2022/7769128
spellingShingle Lina Wang
Fanfei Zhao
Guanqun Zhang
Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model
Journal of Mathematics
title Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model
title_full Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model
title_fullStr Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model
title_full_unstemmed Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model
title_short Analysis on the Impact of Large-Scale Sports Events on Regional Economy Based on SWOT-PEST Model
title_sort analysis on the impact of large scale sports events on regional economy based on swot pest model
url http://dx.doi.org/10.1155/2022/7769128
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AT guanqunzhang analysisontheimpactoflargescalesportseventsonregionaleconomybasedonswotpestmodel