The whole point of this study is to assess the economic impact of these activities organized by a Spanish middle-sized university such as the Universitat de Lleida (UdL). We will focus on the summer courses organized by this university because most of them are concentrated in a specific place, far from the headquarters of the university and that, therefore, requires participants to move to this place.

3. Economic impact by event organization Extensive literature on impact achieved by event organization Literature on economic impact generated by ordinary activity at universities No studies focussing on the big significance of events organized by universities

6. Number of meetings and participants and GDP real (1999 = 100) Event and economic cycle

7. Number of meetings and participants and GDP real. Variation rates. Event and economic cycle

9. Number of meetings Quarterly distribution

12. Number of meetings Sectoral distribution

14. Lleida

15. University of Lleida (UdL) Founded year 1300 Created on 12th Desember 1991 7 faculties in 4 campus More than 50 grades and master

18. Research process Teachers and students answered a questionnaire on the distribution and amount of their expenses during their stay in the summer courses

19. Sample 385 students, 344 (the 89.35%) answered the survey 108 came from the area, were not taken into account as generators of economic impact

20. Sample 63 teachers, 38 (the 60.3%) answered the survey About 32% of these teaching staff brought their families and their expenses were also included

21. Expenditure distribution 114,018.82 € 68,720.72 € 45,298.10 € Total 2,598.14 € 1,660.94 € 937.20 € Entrepreneurial Services 2,815.20 € 0.00 € 2,815.20 € Transports 95,087.19 € 57,091.49 € 37,995.70 € Hospitality 13,518.29 € 9,968.29 € 3,550.00 € Commerce Total Students Organization and Professors

22. Input Output Methodology Measure the capacity of generating benefits by the organization of an event Economic Impact

23. Input Output Methodology X = (I – A) -1 * Y Total = Total * Final Output Requirements Demand X is the production vector of the economy, I is the identity matrix, A is the matrix of technical coefficients, Y is the total final demand vector of the economy and (I – A) -1 is the Leontief inverse matrix ΔX = (I – A) -1 * ΔY

24. Sectors receiving investment Investment Direct Effect Inputs Demand Target sectors Of inputs demand Indirect Effect Total Effect Employment Consumption Sectors production Induced effect

25. Economic Impact Sectoral distribution

26. Economic Impact 2.67 304,155.7 Total Effect 1.23 140,056.4 Induced Effect 0.44 50,080.5 Indirect Effect 1.00 114,018.8 Direct Effect Multiplier effects Production

27. Conclusions Revitalization the tourism with visitors for academic and professional purposes They generate revenues in the city with its consumption

28. Global impact in production is 2.67 times larger than the initial demand generated by UdL summer courses 3.4% of GDP at 2006 prices of the city during these fifteen days Conclusions

29. Conclusions S ocial benefits: promotion of the city through the media that covers the visit of personalities or bringing studies to a city where there is no university. Positive economic impact because it helps to increase tourism revenues .

30. Conclusions Universities can use summer courses to advertise themselves through the news in the press Summer courses can be used as test laboratories when planning new future actions

31. Conclusions Finally, this paper may serve as a decision tool for city councils in order to try to host summer courses in their city organized by any University