Economic impact studies and methodological bias : the case of the National Arts Festival in South Africa
- Authors: Bragge, Brent Reuben
- Date: 2011
- Subjects: Standard Bank National Arts Festival Standard Bank National Arts Festival -- Economic aspects Performing arts festivals- Economic aspects -- South Africa Arts -- Economic aspects -- South Africa Economic impact analysis Edinburgh International Festival -- Economic aspects Klein Karoo Nasionale Kunstefees (Oudtshoorn, South Africa) -- Economic aspects Volksbladfees (Bloemfontein, South Africa) -- Economic aspects
- Language: English
- Type: Thesis , Masters , MEcon
- Identifier: vital:968 , http://hdl.handle.net/10962/d1002702
- Description: Over the course of the last three decades, it has become popular practice to evaluate tourism events like cultural festivals in financial terms, through the use of economic impact studies. This can be attributed at least in part to the notable growth in the number of festivals being held globally and, as such, a higher level of competition between festivals for the limited funding which is available. Economic impact studies, and the resultant findings, have thus become powerful tools for the lobbying of sponsorship, and it has become increasingly important that the impact calculations be as accurate as possible, so as to effectively allocate both government and private resources to projects which will be of the greatest benefit to the host region. The allocation of funding is especially vital in an area like the Eastern Cape Province of South Africa, which is faced with many financial difficulties. The allocation of public funds to an event like the National Arts Festival, which is hosted in a relatively wealthy part of the province, might be weighed against initiatives which directly benefit the poorer parts of the region. Although it is acknowledged that the benefits which are felt by the host community of a cultural event go beyond that of the financial, it is often on this basis that festivals are most easily compared. The primary goal of the thesis was to analyse the various forms of methodological bias which can exist in the economic impact analyses (EIA) associated with cultural events. Theoretical considerations were discussed, specifically regarding economic impact as a method of measuring value. Various forms of bias (including data collection, the calculation of visitor numbers, multipliers, defining the area of interest, inclusion of visitor spending, and accounting for benefits only, not costs) are put into a real-life context, through the investigation of economic impact studies conducted on three selected South African festivals (the Volksblad, the Klein Karoo Nasionale Kunstfees, and the National Arts Festival), and one international festival (the Edinburgh Festival). An in-depth comparison of two separate studies conducted at the National Arts Festival (NAF) in 2004 (by Antrobus and Snowball) and 2005 (by Saayman et al.) was made, focussing on the manner in which the economic impact was calculated. Having considered the common forms of bias, and assessing several possible reasons for the difference of approximately twenty million Rand in the advertised economic impacts, it was concluded that, most likely, the miscalculation of visitor numbers was the cause. This was confirmed when the Antrobus and Saayman methods were applied to the 2006 NAF data, and noting that the economic impact figures arrived at were strikingly similar. As such, it is advisable that extreme caution be taken when calculating visitor numbers, as they can significantly influence the outcome of an economic impact study. It is recommended that each study should also have transparent checks in place, regarding the key calculation figures, to ensure that less scrupulous researchers are not as easily able to succumb to the pressure event sponsors might impose to produce inflated impact values.
- Full Text:
- Date Issued: 2011
- Authors: Bragge, Brent Reuben
- Date: 2011
- Subjects: Standard Bank National Arts Festival Standard Bank National Arts Festival -- Economic aspects Performing arts festivals- Economic aspects -- South Africa Arts -- Economic aspects -- South Africa Economic impact analysis Edinburgh International Festival -- Economic aspects Klein Karoo Nasionale Kunstefees (Oudtshoorn, South Africa) -- Economic aspects Volksbladfees (Bloemfontein, South Africa) -- Economic aspects
- Language: English
- Type: Thesis , Masters , MEcon
- Identifier: vital:968 , http://hdl.handle.net/10962/d1002702
- Description: Over the course of the last three decades, it has become popular practice to evaluate tourism events like cultural festivals in financial terms, through the use of economic impact studies. This can be attributed at least in part to the notable growth in the number of festivals being held globally and, as such, a higher level of competition between festivals for the limited funding which is available. Economic impact studies, and the resultant findings, have thus become powerful tools for the lobbying of sponsorship, and it has become increasingly important that the impact calculations be as accurate as possible, so as to effectively allocate both government and private resources to projects which will be of the greatest benefit to the host region. The allocation of funding is especially vital in an area like the Eastern Cape Province of South Africa, which is faced with many financial difficulties. The allocation of public funds to an event like the National Arts Festival, which is hosted in a relatively wealthy part of the province, might be weighed against initiatives which directly benefit the poorer parts of the region. Although it is acknowledged that the benefits which are felt by the host community of a cultural event go beyond that of the financial, it is often on this basis that festivals are most easily compared. The primary goal of the thesis was to analyse the various forms of methodological bias which can exist in the economic impact analyses (EIA) associated with cultural events. Theoretical considerations were discussed, specifically regarding economic impact as a method of measuring value. Various forms of bias (including data collection, the calculation of visitor numbers, multipliers, defining the area of interest, inclusion of visitor spending, and accounting for benefits only, not costs) are put into a real-life context, through the investigation of economic impact studies conducted on three selected South African festivals (the Volksblad, the Klein Karoo Nasionale Kunstfees, and the National Arts Festival), and one international festival (the Edinburgh Festival). An in-depth comparison of two separate studies conducted at the National Arts Festival (NAF) in 2004 (by Antrobus and Snowball) and 2005 (by Saayman et al.) was made, focussing on the manner in which the economic impact was calculated. Having considered the common forms of bias, and assessing several possible reasons for the difference of approximately twenty million Rand in the advertised economic impacts, it was concluded that, most likely, the miscalculation of visitor numbers was the cause. This was confirmed when the Antrobus and Saayman methods were applied to the 2006 NAF data, and noting that the economic impact figures arrived at were strikingly similar. As such, it is advisable that extreme caution be taken when calculating visitor numbers, as they can significantly influence the outcome of an economic impact study. It is recommended that each study should also have transparent checks in place, regarding the key calculation figures, to ensure that less scrupulous researchers are not as easily able to succumb to the pressure event sponsors might impose to produce inflated impact values.
- Full Text:
- Date Issued: 2011
An economic analysis of eradicating alien vegetation as an alternative to conventional water supply schemes: a case study of the Krom and Kouga
- Authors: Carpenter, Robert Charles
- Date: 1999
- Subjects: Alien plants -- South Africa , Water-supply -- South Africa , Kouga River (South Africa)
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1000 , http://hdl.handle.net/10962/d1002735 , Alien plants -- South Africa , Water-supply -- South Africa , Kouga River (South Africa)
- Description: South Africa is classified as an arid to semi-arid region and water scarcity in South Africa has been identified as a key factor limiting socioeconomic development in the next century. In the Algoa region, the total urban plus agricultural water demand is expected to exceed the supply by the year 2005. The Kouga Working for Water Project aims to increase the base flow to the existing dams which supply the Port Elizabeth metropolitan area through the eradication of invasive alien trees in the riparian areas of the Krom and Kouga catchments. This thesis analyses the economic efficiency of optimal catchment management as a water supply scheme. A cost-benefit analysis is conducted for the Kouga eradication programme, and its desirability is evaluated in terms of the net present value (NPV) and the internal rate of return (IRR) criteria. In order to compare the cost-e~i.ciency of the eradication programme to alternative water supply augmentation schemes the Unit Reference Value (URV) is calculated for the project. The NPV for the project is calculated using a discount rate of 7% and amounts to nearly R24 million. This positive NPV indicates that the project is economically desirable in that it results in the improvement of human welfare. The IRR decision rule supports this finding. The URV of the eradication scheme is found to be competitive to that generated by more conventional schemes. Considered in the evaluation of the project are a host of environmental benefits that accompany the eradication of alien vegetation. This is in contrast to alternative schemes which result in several detrimental impacts to the environment. The economic analysis concludes that the eradication of alien vegetation is an efficient and desirable alternative water supply augmentation scheme. The conclusions drawn from the analysis of the eradication programme in this catchment area can be extended to other catchment areas, with the aim of promoting the most efficient supply of water.
- Full Text:
- Date Issued: 1999
- Authors: Carpenter, Robert Charles
- Date: 1999
- Subjects: Alien plants -- South Africa , Water-supply -- South Africa , Kouga River (South Africa)
- Language: English
- Type: Thesis , Masters , MCom
- Identifier: vital:1000 , http://hdl.handle.net/10962/d1002735 , Alien plants -- South Africa , Water-supply -- South Africa , Kouga River (South Africa)
- Description: South Africa is classified as an arid to semi-arid region and water scarcity in South Africa has been identified as a key factor limiting socioeconomic development in the next century. In the Algoa region, the total urban plus agricultural water demand is expected to exceed the supply by the year 2005. The Kouga Working for Water Project aims to increase the base flow to the existing dams which supply the Port Elizabeth metropolitan area through the eradication of invasive alien trees in the riparian areas of the Krom and Kouga catchments. This thesis analyses the economic efficiency of optimal catchment management as a water supply scheme. A cost-benefit analysis is conducted for the Kouga eradication programme, and its desirability is evaluated in terms of the net present value (NPV) and the internal rate of return (IRR) criteria. In order to compare the cost-e~i.ciency of the eradication programme to alternative water supply augmentation schemes the Unit Reference Value (URV) is calculated for the project. The NPV for the project is calculated using a discount rate of 7% and amounts to nearly R24 million. This positive NPV indicates that the project is economically desirable in that it results in the improvement of human welfare. The IRR decision rule supports this finding. The URV of the eradication scheme is found to be competitive to that generated by more conventional schemes. Considered in the evaluation of the project are a host of environmental benefits that accompany the eradication of alien vegetation. This is in contrast to alternative schemes which result in several detrimental impacts to the environment. The economic analysis concludes that the eradication of alien vegetation is an efficient and desirable alternative water supply augmentation scheme. The conclusions drawn from the analysis of the eradication programme in this catchment area can be extended to other catchment areas, with the aim of promoting the most efficient supply of water.
- Full Text:
- Date Issued: 1999
Graaff-Reinet and the Great Depression (1929-1933)
- Authors: Minnaar, Anthony de V
- Date: 1979
- Subjects: Graaff-Reinet (South Africa) -- History , South Africa -- Economic conditions -- 1918-1961
- Language: English
- Type: text , Thesis , Masters , MA
- Identifier: vital:2518 , http://hdl.handle.net/10962/d1001847
- Description: The Depression of 1929-1933 was a world-wide phenomenon, in which "no aspect of the economy, no part of the world, escaped devastation". ¹ Accordingly the study of a medium sized rural town in South Africa during the period of the Depression, should show effects and reactions that were, in general, indicative of worldwide trends. In choosing Graaff- Reinet, I felt that being a close-knit community , with its urban and rural populations closely associated with each other, and the white, coloured and black sections of the population interdependent, it adequately represented a microcosm of South Africa as a whole. Then, too, Graaff- Reinet was ideally suited to illustrate the reality, that in South Africa during the Depression " the farmers were the most heavily hit of all". ² The single most significant product of the Graaff- Reinet district was wool, which at the time of the Depression was South Africa's second most important export, and consequently the well-being of the whole district depended largely on the market performance of this product . During the Depression the price of wool dropped drastically and the Graaff-Reinet farmers suffered in consequence . Graaff-Reinet also went, almost according to a blueprint, through the general phases of the Depression. The privations of the farming community led to the financial embarrassment of the local financial institutions causing their collapse , which in its turn led to the widespread hardship of everyone in the town. But these events all had a particular Graaff-Reinet quality, and the twists to the general outline are rooted deep in the local character of the district . Historically Graaff-Reinet is extremely interesting. It is the fourth oldest town in South Africa, being established in 1786, and in studying Graaf-Reinet one cannot but become conscious of the immense tradition and the awareness of history , which all its people have. The study itself starts with a general outline of the Worldwide Depre ssion, its causes and results, then moves on to the Depression in South Africa . The study of Graaff-Reinet in the Depression is divided into three basic sections, the Farmers, the Townspeople, and the Politics of Graaff-Reinet during the Depression. All three contain their own sub-divisions dealing with different aspects. In the Graaff-Reinet sections are included references to national events, tying them to, and explaining the course of, local happenings. In short the study becomes the story of how the Depression effected the people of Graaff-Reinet, how they suffered during this period and how they reacted to it. A final concluding section deals with their general recovery from the Depression. ¹ Heaton, H. : Kruger, D. W. The Economic History of Europe. p. 696. ²The Making of a Nation; a history of the Union of South Africa 19l0 - 1960. p. 158.
- Full Text:
- Date Issued: 1979
- Authors: Minnaar, Anthony de V
- Date: 1979
- Subjects: Graaff-Reinet (South Africa) -- History , South Africa -- Economic conditions -- 1918-1961
- Language: English
- Type: text , Thesis , Masters , MA
- Identifier: vital:2518 , http://hdl.handle.net/10962/d1001847
- Description: The Depression of 1929-1933 was a world-wide phenomenon, in which "no aspect of the economy, no part of the world, escaped devastation". ¹ Accordingly the study of a medium sized rural town in South Africa during the period of the Depression, should show effects and reactions that were, in general, indicative of worldwide trends. In choosing Graaff- Reinet, I felt that being a close-knit community , with its urban and rural populations closely associated with each other, and the white, coloured and black sections of the population interdependent, it adequately represented a microcosm of South Africa as a whole. Then, too, Graaff- Reinet was ideally suited to illustrate the reality, that in South Africa during the Depression " the farmers were the most heavily hit of all". ² The single most significant product of the Graaff- Reinet district was wool, which at the time of the Depression was South Africa's second most important export, and consequently the well-being of the whole district depended largely on the market performance of this product . During the Depression the price of wool dropped drastically and the Graaff-Reinet farmers suffered in consequence . Graaff-Reinet also went, almost according to a blueprint, through the general phases of the Depression. The privations of the farming community led to the financial embarrassment of the local financial institutions causing their collapse , which in its turn led to the widespread hardship of everyone in the town. But these events all had a particular Graaff-Reinet quality, and the twists to the general outline are rooted deep in the local character of the district . Historically Graaff-Reinet is extremely interesting. It is the fourth oldest town in South Africa, being established in 1786, and in studying Graaf-Reinet one cannot but become conscious of the immense tradition and the awareness of history , which all its people have. The study itself starts with a general outline of the Worldwide Depre ssion, its causes and results, then moves on to the Depression in South Africa . The study of Graaff-Reinet in the Depression is divided into three basic sections, the Farmers, the Townspeople, and the Politics of Graaff-Reinet during the Depression. All three contain their own sub-divisions dealing with different aspects. In the Graaff-Reinet sections are included references to national events, tying them to, and explaining the course of, local happenings. In short the study becomes the story of how the Depression effected the people of Graaff-Reinet, how they suffered during this period and how they reacted to it. A final concluding section deals with their general recovery from the Depression. ¹ Heaton, H. : Kruger, D. W. The Economic History of Europe. p. 696. ²The Making of a Nation; a history of the Union of South Africa 19l0 - 1960. p. 158.
- Full Text:
- Date Issued: 1979
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