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Mega-Sporting Events In Developing Nations: Playing The Way To Prosperity?

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  • VICTOR A. MATHESON
  • ROBERT A. BAADE

Abstract

Supporters of mega-sporting events such as the World Cup and Olympics claim that these events attract hoards of wealthy visitors and lead to lasting economic benefits for the host regions. Developing countries have become increasingly vocal in demanding a share of the economic benefits of these international games. The specialized infrastructure and operating expenses required to host these events, however, can be substantial. Independent researchers have found that boosters’ projections of the economic impact of sporting events exaggerate the true economic impact of these competitions, and these events are an even worse investment for developing countries than for industrialized nations.

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Bibliographic Info

Article provided by Economic Society of South Africa in its journal South African Journal of Economics.

Volume (Year): 72 (2004)
Issue (Month): 5 (December)
Pages: 1085-1096

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Handle: RePEc:bla:sajeco:v:72:y:2004:i:5:p:1085-1096

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  1. Robert Baade & Victor Matheson, 1999. "An assessment of the economic impact of the american football championship, the Superbowl, on host communities," IASE Conference Papers, International Association of Sports Economists 9903, International Association of Sports Economists.
  2. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers, International Association of Sports Economists 0007, International Association of Sports Economists.
  3. Robert Baade & Victor Matheson, 2004. "The Quest for the Cup: Assessing the Economic Impact of the World Cup," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 38(4), pages 343-354.
  4. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
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  1. Coupe du Monde de la FIFA 2014 au Brésil : est-ce vraiment rentable ?
    by julien.moussavi@gmail.com (Julien Moussavi) in BS Initiative on 2014-06-05 08:28:44
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Cited by:
  1. Vinayak Uppal & Debjani Ghosh, 2010. "The Impact of the Commonwealth Games 2010 on Urban Development of Delhi -An Analysis with a Historical Perspective from Worldwide Experiences and the 1982 Asian Games," Working Papers id:2456, eSocialSciences.
  2. Kavetsos, Georgios & Szymanski, Stefan, 2010. "National well-being and international sports events," Journal of Economic Psychology, Elsevier, Elsevier, vol. 31(2), pages 158-171, April.
  3. Swart, Kamilla & Bob, Urmilla, 2012. "Listening to community voices: Athlone and green point residents' views on the location of the 2010 FIFA World Cup Stadium in Cape Town," Edition HWWI: Chapters, in: Zur Ökonomik von Spitzenleistungen im internationalen Sport, pages 101-122 Hamburg Institute of International Economics (HWWI).
  4. Roberto Gásquez & Vicente Royuela, 2014. "Is Football an Indicator of Development at the International Level?," Social Indicators Research, Springer, Springer, vol. 117(3), pages 827-848, July.
  5. Wolfgang Maennig & Florian Schwarthoff, 2008. "Stadium Architecture and Regional Economic Development: International Experience and the Plans of Durban," Working Papers, International Association of Sports Economists;North American Association of Sports Economists 0816, International Association of Sports Economists;North American Association of Sports Economists.
  6. Robert Baumann & Victor Matheson, 2013. "Infrastructure Investments and Mega-Sports Events: Comparing the Experience of Developing and Industrialized Countries," Working Papers, College of the Holy Cross, Department of Economics 1305, College of the Holy Cross, Department of Economics.

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