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Assessing the infrastructure impact of mega-events in emerging economies

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  • Victor Matheson

    ()
    (Department of Economics, College of the Holy Cross)

Abstract

Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The rapid investment in long-lasting physical stocks raises questions of equity and efficiency for national taxpayers and event attendees. This paper reviews several cases of historical and recent mega-events to assess the infrastructure costs, returns on infrastructure investments, and impacts of the events on urban development patterns. It will highlight cases where mega-event investments contributed to long-term economic growth.

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File URL: http://college.holycross.edu/RePEc/hcx/Matheson_MegaEventsInfrastructure.pdf
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Bibliographic Info

Paper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 1203.

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Length: 33 pages
Date of creation: Sep 2012
Date of revision:
Handle: RePEc:hcx:wpaper:1203

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Web page: http://www.holycross.edu/departments/economics/website/
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Keywords: sports; stadiums; development; impact analysis; Olympics; World Cup; tourism;

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  1. Victor Matheson & Robert Baade & Mimi Nikolova, 2006. "A Tale of Two Stadiums: Comparing the Economic Impact of Chicago’s Wrigley Field and U.S. Cellular Field," Working Papers 0614, International Association of Sports Economists & North American Association of Sports Economists.
  2. Victor Matheson, 2006. "Mega-Events: The effect of the world’s biggest sporting events on local, regional, and national economies," Working Papers 0622, International Association of Sports Economists & North American Association of Sports Economists.
  3. Robert Baade & Robert Baumann & Victor Matheson, 2008. "Slippery Slope? Assessing the Economic Impact of the 2002 Winter Olympic Games in Salt Lake City, Utah," Working Papers 0829, International Association of Sports Economists & North American Association of Sports Economists.
  4. Arne Feddersen & Wolfgang Maennig, 2013. "Mega-Events And Sectoral Employment: The Case Of The 1996 Olympic Games," Contemporary Economic Policy, Western Economic Association International, vol. 31(3), pages 580-603, 07.
  5. Robert Baumann & Bryan Engelhardt & Victor Matheson, 2011. "Labor Market Effects of the World Cup: A Sectoral Analysis," Working Papers 1104, College of the Holy Cross, Department of Economics.
  6. Dennis Coates & Brad R. Humphreys, 2008. "Do Economists Reach a Conclusion on Subsidies for Sports Franchises, Stadiums, and Mega-Events?," Working Papers 0818, International Association of Sports Economists & North American Association of Sports Economists.
  7. Charles C. Tu, 2005. "How Does a New Sports Stadium Affect Housing Values? The Case of FedEx Field," Land Economics, University of Wisconsin Press, vol. 81(3).
  8. Robert Baade & Victor Matheson, 2004. "The Quest for the Cup: Assessing the Economic Impact of the World Cup," Regional Studies, Taylor & Francis Journals, vol. 38(4), pages 343-354.
  9. Robert A. Baade & Victor A. Matheson, 2011. "Financing Professional Sports Facilities," Working Papers 1102, International Association of Sports Economists & North American Association of Sports Economists.
  10. Robert Baumann & Bryan Engelhardt & Victor A. Matheson, 2012. "Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 232(3), pages 308-317, May.
  11. Dennis Coates & Brad R. Humphreys, 1999. "The growth effects of sport franchises, stadia, and arenas," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 18(4), pages 601-624.
  12. Xia Feng & Brad R. Humphreys, 2008. "Assessing the Economic Impact of Sports Facilities on Residential Property Values: A Spatial Hedonic Approach," Working Papers 0812, International Association of Sports Economists & North American Association of Sports Economists.
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