The Cost-Benefit Quantitative Assessment Model of Economic Influence of Shanghai World Expo

Huai Hui Liu

doi:10.4028/www.scientific.net/AMR.933.935

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HomeAdvanced Materials ResearchAdvanced Materials Research Vol. 933The Cost-Benefit Quantitative Assessment Model of...

The Cost-Benefit Quantitative Assessment Model of Economic Influence of Shanghai World Expo

Abstract:

Shanghai Expo, a global event, has enormous influence in a large scope in terms of space and contents. This thesis studies its influence in one aspectthe influence on economy. Based on cost-benefit theory, data fitting and the input-output table of the 2010 World Expo in Shanghai, the thesis has set up a complete mathematical model for quantitative assessment of costs and benefits to analyze the direct and indirect influence of the Expo on the economy of Shanghai. Through the cost-benefit assessment model, we can get the direct economic revenue of the Expo is RMB 1.691 billion Yuan. By data fitting analysis, because of the influence of the Expo, tourism income is 14.69 billion Yuan more than the natural growth and business volume of science and technology is 2.89 billion Yuan more than the natural growth.

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Periodical:

Advanced Materials Research (Volume 933)

Pages:

935-940

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.933.935

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Online since:

May 2014

Authors:

Huai Hui Liu*

Keywords:

Cost-Benefit Theory, Data Fitting, Economic Influence, Shanghai World Expo

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* - Corresponding Author

References

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