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Predicting The Costs And Benefits Of Mega‐Sporting Events: Misjudgement Of Olympic Proportions?

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  • Jonathan Barclay

Abstract

The economic benefits of hosting mega‐sporting events are often exaggerated. Ex‐ante impact studies typically overestimate the gains and underestimate the costs involved. It is therefore difficult to explain in economic terms the intense competition among cities to hold such events.

Suggested Citation

  • Jonathan Barclay, 2009. "Predicting The Costs And Benefits Of Mega‐Sporting Events: Misjudgement Of Olympic Proportions?," Economic Affairs, Wiley Blackwell, vol. 29(2), pages 62-66, June.
    • Handle: RePEc:bla:ecaffa:v:29:y:2009:i:2:p:62-66
    DOI: 10.1111/j.1468-0270.2009.01896.x
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    References listed on IDEAS

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    1. 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.
    2. Victor A. Matheson & Robert A. Baade, 2004. "Mega‐Sporting Events In Developing Nations: Playing The Way To Prosperity?," South African Journal of Economics, Economic Society of South Africa, vol. 72(5), pages 1085-1096, December.
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    Cited by:

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    2. Roberto Gásquez & Vicente Royuela, 2014. "Is Football an Indicator of Development at the International Level?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 117(3), pages 827-848, July.
    3. Jérôme Massiani, 2020. "Towards Improved Guidelines for Cost–Benefit Analysis of Sport and Cultural Events," Economic Papers, The Economic Society of Australia, vol. 39(3), pages 270-289, September.
    4. Vörös, Tünde, 2017. "Költség-haszon elemzési keretrendszer sportberuházások társadalmi-gazdasági értékeléséhez [An economic framework for cost-benefit analysis of sports facilities]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 394-420.
    5. Patricia Dechow & Alastair Lawrence & Mei Luo & Ventsislav Stamenov, 2024. "Media Attention and Event-Based Grouping of Stocks: An Examination of Stocks Hyped by Media Outlets as Benefiting from the Olympics," Management Science, INFORMS, vol. 70(8), pages 5157-5186, August.
    6. Wolfgang Maennig & Christopher Vierhaus, 2015. "Who Wins Olympic Bids?," Working Papers 050, Chair for Economic Policy, University of Hamburg.
    7. Farideh Baroghi & Paulo J. G. Ribeiro & Fernando Fonseca, 2024. "Towards a Holistic Framework for the Olympic-Led Sustainable Urban Planning Process," Sustainability, MDPI, vol. 16(3), pages 1-21, January.
    8. Brij Maharaj, 2015. "The turn of the south? Social and economic impacts of mega-events in India, Brazil and South Africa," Local Economy, London South Bank University, vol. 30(8), pages 983-999, December.
    9. Linda Christie & Kenneth Gibb, 2015. "A collaborative approach to event-led regeneration: The governance of legacy from the 2014 Commonwealth Games," Local Economy, London South Bank University, vol. 30(8), pages 871-887, December.
    10. Fillipe Soares Romano & Roberto Paolo Vico & Ricardo Ricci Uvinha, 2023. "Legacies and impacts of sports mega-events in Brazil: São Paulo as a host city for football matches," Local Economy, London South Bank University, vol. 38(4), pages 327-346, June.
    11. Valentin Herbold & Hannes Thees & Julian Philipp, 2020. "The Host Community and Its Role in Sports Tourism—Exploring an Emerging Research Field," Sustainability, MDPI, vol. 12(24), pages 1-26, December.
    12. Joanna Poczta & Agata Dąbrowska & Marek Kazimierczak & François Gravelle & Ewa Malchrowicz-Mośko, 2020. "Overtourism and Medium Scale Sporting Events Organisations—the Perception of Negative Externalities by Host Residents," Sustainability, MDPI, vol. 12(7), pages 1-24, April.
    13. Zawadzki Krystian, 2022. "The Economic Legacy of Mega Sporting Events. The Impact of Hosting European Olympic Games on GDP Growth Through Infrastructure Development," Polish Journal of Sport and Tourism, Sciendo, vol. 29(3), pages 36-42, September.

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