This paper quantifies the local economic impact of the 1999 British Open. Disparate methodological elements in the literature are brought together to establish a consistent analytical framework. It was estimated that about $20.1m of “new money” was injected into the local economy. Accounting for local multiplier effects, the anticipated ripple effect on the regional economy was about $20.8m. The level of economic impact could easily have been overestimated if a carefully structured working methodology had not been employed. The proportion of local goods in the total value of goods and services purchased by tourists provides the most important indicator of economic impact in the study area.
- hallmark events,
- economic impact,
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