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Sports Mega-Events and Economic Growth: A Synthetic Control Approach

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  • MichaÅ‚ Marcin Kobierecki
  • MichaÅ‚ Pierzgalski

Abstract

This paper contributes to the current literature investigating whether hosting sports mega-events brings tangible economic benefits to the host country. Specifically, we examine whether staging the Olympic Games and the FIFA World Cups leads to observable economic growth. The research has been conducted through a quasi-experimental study in the spirit of the difference-in-differences method. The research subject includes states in which the Olympic Games and FIFA World Cup were held between 2010 and 2016: Canada, South Africa, Great Britain, and Brazil. We found that there is no significant effect of hosting sports mega-events on economic growth.

Suggested Citation

  • MichaÅ‚ Marcin Kobierecki & MichaÅ‚ Pierzgalski, 2022. "Sports Mega-Events and Economic Growth: A Synthetic Control Approach," Journal of Sports Economics, , vol. 23(5), pages 567-597, June.
    • Handle: RePEc:sae:jospec:v:23:y:2022:i:5:p:567-597
    DOI: 10.1177/15270025211071029
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    2. Yasser Tawfik Halim & Hazem Tawfik Halim & Mohamed Samy El-Deeb & Samia Adly El Sheikh, 2022. "An empirical investigation into people’s intention to participate in mega events tourism: applying mixture of two behavioral theoretical models," Future Business Journal, Springer, vol. 8(1), pages 1-18, December.
    3. Qianjin Wu & Zusheng Wu & Shanshan Li & Zichao Chen, 2023. "The Impact of the Beijing Winter Olympic Games on Air Quality in the Beijing–Tianjin–Hebei Region: A Quasi-Natural Experiment Study," Sustainability, MDPI, vol. 15(14), pages 1-16, July.

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