LOCAL ECONOMIC IMPACT OF THE WHITE NIGHT FESTIVAL IN KOŠICE

Košice is the second biggest city in Slovakia. In the last 25 years (following the period of Communism) Košice has passed through several waves of transformation involving economic, social and urban changes. Košice was awarded the European Capital of Culture (ECoC) in 2013. The winning project was based on the city transformation through culture and support of the creative economy (startup and spin-off fi rms). Big cultural events have not only cultural and social benefi ts, but also an indisputable economic impact on the hosting city. These events represent an opportunity to not only attract visitors from outside the region but also for them to spend money on accommodation, food, transport etc. Visitors’ expenditure presents additional income for the local economy and stimulates a considerable amount of economic activity and growth. The assessment of the economic impact of events has become popular of late and combines the economic approach with spatial marketing and tourism studies. A coherent methodology has also been developed to evaluate the economic impact of events in the geographical area. This paper aims to estimate the local economic impact of the biggest cultural event organised in Košice, the White Night festival, a spin-off of the Košice European Capital of Culture 2013. This impact empirical study was done in three stages. Firstly, the measurement of attendees using appropriate methods for ungated events. Secondly, the estimation of the visitors’ impact related to private spending generated by the event´s visitors and thirdly, through estimating the overall economic impact by calculating the multiplying effects on the local economy (induced impacts). The study was based on research conducted during 2012 and 2013 in Košice. The result shows the attendance hyperbole and impact of visitor spending that was due to the festival in the local economy

Promoting and Financing Cultural Tourism in Europe through European Capitals of Culture: A Case Study of Košice, European Capital of Culture 2013

The paper highlights the link between the European Capital of Culture (ECoC) designation and the development of cultural tourism in Europe. Cultural tourism is the fastest growing segment of tourism in the world and is the desirable objective of new defined cultural policies in European cities. According to the European Commission (2012), it is estimated that cultural tourism accounts for around 40% of all European tourism. In general, the European Commission confirms the significant role of cultural tourism in the development of tourism in Europe and one of the most visible tools of this strategy is the designation of the ECoC. Cultural policy has also become an important tool of urban regeneration and in the rebranding of European cities

WILLINGNESS TO PAY FOR DEMAND RESPONSIVE TRANSPORT IN EAST SLOVAKIAN RURAL AREAS

The objective of this study was to investigate the feasibility of implementing a demand responsive transport system in the Košice and Prešov regions of East Slovakia. This was achieved through a willingness-to-pay survey conducted in six villages in the target regions. Two separate models were constructed based on the survey results to estimate the residents’ willingness to pay for trips to the nearest major city or the regional capital. The study revealed that the average willingness to pay for trips to the nearest LAU 1 (NUTS 4) administrative center was €0.86 per kilometer, while for trips to NUTS 3 administrative centers, it was €0.38 per kilometer. These findings suggest that demand responsive transport may be more suitable for shorter local journeys than for longer journeys. The study also identified several variables that affect the willingness to pay, such as the frequency and quality of the existing bus transit system and the use of other modes of transport. Additionally, this study highlights the potential benefit of demand responsive transport for residents with mobility impairments or those who travel alone

INNOVATION ABILITY OF KOŠICE AND PREŠOV SELF-GOVERNING REGIONS

Since the transition to a market economy, the countries of Central and Eastern Europe (CEE countries) have suffered from severe serious economic and employment-related problems. That is valid fully for Slovakia, one of the EU candidate countries, comparing to western EU countries. After becoming member of EU, economy of Slovakia will face very strong competition with traditional market economies. Almost all macroeconomic indicators show still a big gap between economic performance of Slovakia and EU 15 countries. The European Union declares itself as the union of regions – and the gap is even more visible at a regional level, especially when considering Eastern part of Slovakia. Western part of Slovakia reaches much better results in economic performance than Eastern part of Slovakia, consisting of Košice and Prešov self-governing regions (SGR). That clearly indicates that Western part of Slovakia is evidently better prepared for entering EU and also it is much more competitive

Measurement of economic and financial impacts of ice hokey world championship on Košice city

The paper deals with big sports events economic impact measuring. Impact studies of the big events are frequently used for evaluation of its economy efficiency or social acceptability. In the first part of the paper theoretical issues of evaluation of big events are presented. Different methodological elements in the literature are brought together to establish an analytical framework. There is provided an overview of the economics of sports mega-events as well as review of the existing literature in the field. The aim of impact analyses is to quantify additional incomes of big events on local economy, using traditional impact measuring methods. The result of these analyses is estimation of number and structure of visitors of event and also of theirs average and total expenditures. This estimation allows quantifying gross direct, indirect and induced impacts of the event. The level of economic impact could easily have been overestimated if a carefully structured working methodology had not been used. In the second part of the of the paper we use described methodology in the case study of Wold Ice Hockey Championship, which took place in Ko‰ice 2011. The aim of the research was to evaluate gross direct economic effects of the Ice Hockey World Championship based on increased demand in the city caused by the tourists and theirs expenditures in the tourism sector. Inputs to quantitative analysis were collected by the questionnaire survey. These data were statistically processed and used for quantification of the economic impact of the event on Ko‰ice city

Measurement of economic and financial impacts of ice hokey world championship on Košice city

The paper deals with big sports events economic impact measuring. Impact studies of the big events are frequently used for evaluation of its economy efficiency or social acceptability. In the first part of the paper theoretical issues of evaluation of big events are presented. Different methodological elements in the literature are brought together to establish an analytical framework. There is provided an overview of the economics of sports mega-events as well as review of the existing literature in the field. The aim of impact analyses is to quantify additional incomes of big events on local economy, using traditional impact measuring methods. The result of these analyses is estimation of number and structure of visitors of event and also of theirs average and total expenditures. This estimation allows quantifying gross direct, indirect and induced impacts of the event. The level of economic impact could easily have been overestimated if a carefully structured working methodology had not been used. In the second part of the of the paper we use described methodology in the case study of Wold Ice Hockey Championship, which took place in Ko‰ice 2011. The aim of the research was to evaluate gross direct economic effects of the Ice Hockey World Championship based on increased demand in the city caused by the tourists and theirs expenditures in the tourism sector. Inputs to quantitative analysis were collected by the questionnaire survey. These data were statistically processed and used for quantification of the economic impact of the event on Ko‰ice city

Local economic impact of the white night festival in Košice

Košice is the second biggest city in Slovakia. In the last 25 years (following the period of Communism) Košice has passed through several waves of transformation involving economic, social and urban changes. Košice was awarded the European Capital of Culture (ECoC) in 2013. The winning project was based on the city transformation through culture and support of the creative economy (start- up and spin-off firms). Big cultural events have not only cultural and social benefits, but also an indisputable economic impact on the hosting city. These events represent an opportunity to not only attract visitors from outside the region but also for them to spend money on accommodation, food, transport etc. Visitors’ expenditure presents additional income for the local economy and stimulates a considerable amount of economic activity and growth. The assessment of the economic impact of events has become popular of late and combines the economic approach with spatial marketing and tourism studies. A coherent methodology has also been developed to evaluate the economic impact of events in the geographical area. This paper aims to estimate the local economic impact of the biggest cultural event organised in Košice, the White Night festival, a spin-off of the Košice European Capital of Culture 2013. This impact empirical study was done in three stages. Firstly, the measurement of attendees using appropriate methods for ungated events. Secondly, the estimation of the visitors’ impact related to private spending generated by the event ́s visitors and thirdly, through estimating the overall economic impact by calculating the multiplying effects on the local economy (induced impacts). The study was based on research conducted during 2012 and 2013 in Košice. The result shows the attendance hyperbole and impact of visitor spending that was due to the festival in the local economy

Sustainable Public Procurement in Central European Countries. Can It Also Bring Savings?

The efficiency of public resource use and its strategic framework with respect to sustainable public procurement policies, such as the most economically advantageous tender (hereafter MEAT), has become an important topic nowadays. Therefore, the study examines the determinants of savings creation within MEAT in Central European countries. It uses a dataset published in the Tenders Electronic Daily database in 2017–2018 about contract award notices and carries out a generalized linear model to study the determinants of savings creation within MEAT. The findings suggest that when services are procured within MEAT, the savings are considerably higher than compared to works. If the framework agreement takes place in a procurement process, the savings are significantly smaller. In cases where the subject of procurement is not co-financed by EU funds, the savings are higher than in the case that they are. If an open type of procurement is used, the savings are seemingly smaller than in cases where a non-open type of procurement takes place. When the contract is awarded to a single supplier, the savings are higher than otherwise. A higher number of total offers, as well as a higher number of offers from small and medium-sized enterprises, induce higher savings. It can be concluded that the use of sustainable public procurement subtly reduces the creation of savings

Prognóza pre mesto Krompachy s dôrazom na trh práce a sociálnu vylúčenosť rómskej komunity

Príspevok sa zaoberá prognózovaním budúceho vývoja s využitím kvantitatívneho a kvalitatívneho prístupu na príklade mesta Krompachy s dôrazom na trh práce a sociálnu vylúčenosť rómskej komunity.The paper deals with predicting the future development of The City of Krompachy using quantitative and qualitative approach. The emphasis is put on labor market and social exclusion of Roma Communities