JEJAK
Vol 15, No 2 (2022): September 2022

Impact of International Sports Event on Local Businesses: Insight from the Stallholders and Official Partners of the 2018 Asian Games

Uka Wikarya (Universitas Indonesia)
Amalia Adininggar Widyasanti (Ministry of National Development Planning (Bappenas))
Mohamad Dian Revindo (Graduate School of Strategic and Global Studies, Universitas Indonesia)
Chairina Hanum Siregar (Universitas Indonesia)
Calista Endrina Dewi (Universitas Indonesia)



Article Info

Publish Date
18 Nov 2022

Abstract

International mega sports events commanding massive public spending are expected to stimulate the economic development of the host country. This study aims to examine the impact of the 2018 Asian Games Jakarta-Palembang on local businesses, captured through the perspectives of micro, small and medium-sized enterprises (MSMEs) and official partners of the event. Primary data were collected through face-to-face survey administered using questionnaire during and after the event, yielding usable responses from 284 stallholders in Jakarta and Palembang venues and 19 official partners. The results show that the respondents hired additional workers during the event and they also generated additional sales, profit of which was partly used to scale up their businesses. However, future event can generate greater impact to local businesses with more effective socialization, simpler registration, and better stalls arrangements including more strategic location, better electricity and water supplies, and easier loading access to the venues.

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Journal Info

Abbrev

jejak

Publisher

Subject

Economics, Econometrics & Finance

Description

JEJAK: Jurnal Ekonomi dan Kebijakan p-ISSN 1979-715X | e-ISSN 2460-5123 is a scientific journal that contains the results of research and theoretical studies in the field of economic development, especially on matters of economic policy in Indonesia was published by the Department of Economic ...