‘All that jazz’: the relationship between music festival visitors’ motives and behavioural intentions

ABSTRACT

This exploratory study investigated the relationship between visitors’ behavioural intentions (ex-post) and their motives (ex-ante) for attending a jazz festival. The aim was to discover whether a music festival brings additional intangible benefits. The research followed a quantitative approach by conducting a visitor survey at the Cape Town International Jazz Festival in South Africa. Structural Equation Modelling showed that music festivals have the potential to create benefits beyond the festival itself or the host destination, particularly fostering an appreciation of a music genre, increasing purchasing of music, and boosting music tourism. The findings showed that a music festival could have far-reaching benefits that can contribute to its legacy. It also showed that visitors’ motives have a unique relationship with their behavioural intentions, which emphasizes the need to market the festival accordingly.     

The impact of tourism on poverty in South Africa

This paper evaluates the potential impact of tourism on poverty in South Africa on the basis of recent survey data on international tourism spending patterns. It looks at three scenarios, using an applied general equilibrium model. The main finding is that the poor benefit very little in the short term from additional tourism income. A further finding is that domestic and international tourist expenditure affect the economy differently; both markets are therefore important. In essence, the research confirms that tourism receipts can be used as a tool to alleviate poverty, but in South Africa this must be supported by policies that focus on the labour market and human resource development.     

Determinants of Spending: an Evaluation of Three Major Sporting Events

South Africa plays host to a number of major sporting events that takes place annually such as the Two Oceans Marathon, the Argus Cycle Tour and the Midmar open water mile. This research aims to identify the socio‐economic differences of participants in the events and to determine the key drivers of their spending. Three surveys were conducted at the events during 2008 and 2010. The data analyses include a factor and a regression analyses. The analyses identified the different motives why participation takes place, the socio‐demographic differences between participants and the impact thereof on spending. Copyright © 2011 John Wiley & Sons, Ltd.     

The impact of 1992 Europe on the United States' economy

Plenary Panel Address at the Twenty-Ninth International Atlantic Economic Conference, March 17–23, 1990, Geneva.     

The Effect of Financial Liberalization on the Capital Structure and Investment Decisions of Indonesian Manufacturing Establishments

This article analyzes the consequences of financial liberalization,using a large panel of Indonesian manufacturing establishments.It discusses whether financial reforms have had an impact oninvestment and on the allocation of credit and whether the effectsdiffer depending on the type of firms. The overall conclusionis that shifting from administrative toward market-based allocationof credit has increased borrowing costs, particularly for smallerfirms, but, at the same time, has benefited firms by givingthem widened access to finance.     

Inventory service-level optimization within distribution network design problem

We propose a sequential heuristic approach to optimize inventory service levels in a two-stage supply chain. The proposed approach deals with service level and inventory decisions, simultaneously with network design decisions, and incorporating unfulfilled demand costs in a previous inventory-location model. A two-step formulation is considered, where the first step optimizes service level and the second step addresses location and inventory decisions. Each algorithm iteration solves an inventory-location model for a fixed service level, and then the service level is updated in order to reach an equilibrium condition between operating system and unfulfilled demand costs. The algorithm converged in three iterations for a set of sample instances, obtaining the same outcome in comparison with a more intuitive, exact, but more time-consuming search procedure.     

Who visits the Kruger National Park,and why? identifying target markets

This study identified viable target markets at South Africa’s most renowned nature reserve, the Kruger National Park, using market segmentation based on demographic characteristics. International, domestic, and local nature tourists were surveyed and categorized into three distinct clusters. The results show that block clustering based on visitors’ demographic characteristics is a useful research tool for producing a clear visitor profile and showed that during the process of market segmentation it is necessary to establish the relationship between a particular segmentation base and visitors' behavior and preferences. This is useful information for managing this Park, and other similar parks, more sustainably.     

Warehouse receipt financing for smallholders in developing countries: Challenges and limitations

A warehouse receipt is a document issued by a warehouse operator as evidence that a specified commodity of stated quantity and quality has been deposited at a particular warehouse by a named depositor. When backed by an appropriate legal and regulatory framework, a warehouse receipt becomes a formal financial instrument that allows the depositor to confer a security interest in the stored commodity to another party without requiring physical delivery, allowing the warehouse receipt to serve as possessory collateral for a loan. Warehouse receipt financing, in theory, permits smallholders farmers in developing countries to store their surplus safely in a modern warehouse to sell at a later date when prices are higher, while allowing them to use the stored commodity as collateral to secure a loan to finance household consumption and investment needs in the interim. However, in practice, warehouse receipt financing generally has not been embraced by smallholders in developing countries in which it is available. Here, we develop and analyze a formal stochastic dynamic model of seasonal commodity marketing that exposes the transaction cost and risk reallocation problems that undermine the benefits of warehouse receipt financing to smallholders.     

The transformative and emancipatory potential of participatory evaluation: reflections from a participatory action research study with war-affected young mothers

The Participatory Action Research (PAR) study with Young Mothers in Liberia, Sierra Leone and northern Uganda which took place from 2006 to 2009 aimed to understand what ‘reintegration’ meant to young mothers formerly associated with armed groups. It also implemented social action initiatives designed by study participants to promote their wellbeing and achieve reintegration. We evaluated the study using multiple participatory evaluation methods, situating evaluation as part of the cycle of research and action. This approach facilitated young mothers’ participation in developing the criteria by which the study and its reintegration outcomes would be judged. We describe each method and what we uniquely learned from using a participatory evaluation approach. We discuss how this approach is well-suited for complex studies, can enhance data quality, increases capacity of all involved in the evaluation and supports the critical reflexivity necessary for participatory studies to succeed.     

Financing choice and local economic growth: evidence from Brazil

Journal of Economic Growth - We study how financing non-traditional local activities, conceived here as a proxy for activity diversification, is associated with economic growth. We use...