Path

Path Coefficient (β)

T-value

Hypothesis supported/ rejected

H1a

Sense of community → Residents perception of community benefits of festival

0.82

12.48

Supported

H1b

Sense of community → Residents perception of individual benefits of festival

0.66

9.52

Supported

H2a

Residents perception of community benefits of festival → Subjective well-being of residents

0.43

5.80

Supported

H2b

Residents perception of individual benefits of festival → Subjective well-being of residents

0.38

5.07

Supported

H3

Subjective well-being of residents → Residents’ support for future festivals

0.82

7.86

Supported