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Mega-Events: The effect of the world’s biggest sporting events on local, regional, and national economies

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Author Info

  • Victor Matheson

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

Abstract

This paper provides an overview of the economics of sports mega-events as well as a review of the existing literature in the field. The paper describes why boosters’ ex ante estimates of the economic impact of large sporting events tend to exaggerate the net economic benefits of these events and surveys the results of a large number of ex post studies of exploring the true impact of mega-events.

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File URL: http://college.holycross.edu/RePEc/spe/Matheson_MegaEvents.pdf
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Bibliographic Info

Paper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0622.

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Length: 30 pages
Date of creation: Oct 2006
Date of revision:
Handle: RePEc:spe:wpaper:0622

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Web page: http://www.cdes.fr/index.php?id=fr69
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Web page: http://www.kennesaw.edu/naase
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Keywords: sports; impact analysis; mega-events;

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References

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  1. repec:sae:jospec:v:2:y:2001:i:4:p:307-327 is not listed on IDEAS
  2. 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.
  3. Robert Baade & Victor Matheson, 2004. "The Quest for the Cup: Assessing the Economic Impact of the World Cup," IASE Conference Papers 0406, International Association of Sports Economists.
  4. Victor Matheson, 2004. "Economic Multipliers and Mega-Event Analysis," Working Papers 0402, College of the Holy Cross, Department of Economics.
  5. Victor Matheson & Robert Baade, 2005. "Have Public Finance Principles Been Shut Out in Financing New Sports Stadiums for the NFL in the United States?," Working Papers 0511, College of the Holy Cross, Department of Economics.
  6. Stefan Szymanski, 2001. "Up for the Cup," World Economics, World Economics, Economic & Financial Publishing, PO Box 69, Henley-on-Thames, Oxfordshire, United Kingdom, RG9 1GB, vol. 2(4), pages 175-183, October.
  7. Robert Baade & Robert Baumann & Victor Matheson, 2005. "Predicting the Path to Recovery from Hurricane Katrina through the Lens of Hurricane Andrew and the Rodney King Riots," Working Papers 0515, College of the Holy Cross, Department of Economics.
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Citations

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Cited by:
  1. Kavetsos, Georgios & Szymanski, Stefan, 2010. "National well-being and international sports events," Journal of Economic Psychology, Elsevier, vol. 31(2), pages 158-171, April.
  2. António Martins & Ana Serra, 2011. "Market impact of international sporting and cultural events," Journal of Economics and Finance, Springer, vol. 35(4), pages 382-416, October.
  3. Barajas, Ángel & Salgado, Jesyca & Sánchez, Patricio, 2012. "Problemática de los estudios de impacto económico de eventos deportivos /Problems to face in the Economic Impact of Sports Events Studies," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 30, pages 441-462, Agosto.
  4. António Miguel Martins & Ana Paula Serra, 2007. "Market Impact of International Sporting and Cultural Events," Working Papers 0720, International Association of Sports Economists & North American Association of Sports Economists.
  5. 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.
  6. Zawadzki, Krystian, 2012. "Transformation of small and medium-sized enterprises in Pomerania due to organization of Euro 2012 with particular emphasis on the hotel industry," MPRA Paper 43624, University Library of Munich, Germany.
  7. Dennis Coates & Victor Matheson, 2011. "Mega-events and housing costs: raising the rent while raising the roof?," The Annals of Regional Science, Springer, vol. 46(1), pages 119-137, February.
  8. Hagn, Florian & Maennig, Wolfgang, 2008. "Employment effects of the Football World Cup 1974 in Germany," Labour Economics, Elsevier, vol. 15(5), pages 1062-1075, October.
  9. Victor Matheson, 2012. "Assessing the infrastructure impact of mega-events in emerging economies," Working Papers 1203, College of the Holy Cross, Department of Economics.
  10. Robert Gasquez & Vicente Royuela, 2012. "Is football an indicator of development at the international level?," Working Papers in Economics 275, Universitat de Barcelona. Espai de Recerca en Economia.

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