Table 6 The results of the B21 event on tourism.

From: Sport event hosting and provincial economic growth: Evidence from the Bangsaen21 Half Marathon in Thailand

 

Variables

Coefficient

Standard error

P-value

95 percent confidence intervals

Focus independent variables

Total funding used to organise Bangsaen21 running events

0.0468

0.0050

0.0680*

−0.016935

0.110587

Budget support from the government in other local activities

1.33e−07

0.0000

0.0160**

9.05e−08

1.75e−07

Control variables

Employment in Chonburi

−3.0335

0.0466

0.0100***

−3.62617

−2.44090

Consumer price index in Chonburi

−8.2518

0.0392

0.0030***

−8.75017

−7.75333

Number of tourists in Chonburi

0.8602

0.0012

0.0010***

0.844771

0.875591

Loans in Chonburi

0.7603

0.0658

0.0550**

−0.075892

1.596472

Deposits in Chonburi

16.9035

0.1396

0.0050***

15.12968

18.67734

Constant

37.7158

0.1768

0.0030***

35.46893

39.96264

  1. *, **, *** indicate significance at the 90%, 95%, and 99% confidence levels, respectively.
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