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Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity?

Author

Listed:
  • Victor Matheson

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

  • Robert Baade

    () (Department of Economics and Business, Lake Forest College)

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.

Suggested Citation

  • Victor Matheson & Robert Baade, 2004. "Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity?," Working Papers 0404, College of the Holy Cross, Department of Economics.
  • Handle: RePEc:hcx:wpaper:0404
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    File URL: http://web.holycross.edu/RePEc/hcx/HC0404-Matheson-Baade_Prosperity.pdf
    File Function: Extended version, 2004
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    References listed on IDEAS

    as
    1. 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.
    2. Robert Baade & Victor Matheson, 1999. "An assessment of the economic impact of the american football championship, the Superbowl, on host communities," IASE Conference Papers 9903, International Association of Sports Economists.
    3. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists.
    4. 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.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. 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).
    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. Robert Baumann & Victor Matheson, 2013. "Infrastructure Investments and Mega-Sports Events: Comparing the Experience of Developing and Industrialized Countries," Working Papers 1305, College of the Holy Cross, Department of Economics.
    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. Wolfgang Maennig & Florian Schwarthoff, 2006. "Stadium Architecture and regional economic development: International experience and the plans of Durban," Working Papers 200604, Chair for Economic Policy, University of Hamburg.
    6. Simon Planells Struse & Daniel Montolio, 2014. "The effect of football matches on crime patterns in Barcelona," ERSA conference papers ersa14p1606, European Regional Science Association.
    7. Daniel Montolio & Simón Planells-Struse, 2015. "Measuring the negative externalities of a private leisure activity: hooligans and pickpockets around the stadium," Working Papers 2015/15, Institut d'Economia de Barcelona (IEB).
    8. Jeroen Schokkaert & Johan F.M. Swinnen & Thijs Vandemoortele, 2012. "Mega Events and Sports Institutional Development: The Impact of the World Cup on Football Academies in Africa," Chapters,in: International Handbook on the Economics of Mega Sporting Events, chapter 19 Edward Elgar Publishing.
    9. Brad R. Humphreys & Bruce K. Johnson & John C. Whitehead, 2017. "Validity and Reliability of Contingent Valuation and Life Satisfaction Measures of Welfare: An Application to the Value of National Olympic Success," Working Papers 17-08, Department of Economics, Appalachian State University.
    10. Kavetsos, Georgios & Szymanski, Stefan, 2010. "National well-being and international sports events," Journal of Economic Psychology, Elsevier, vol. 31(2), pages 158-171, April.

    More about this item

    Keywords

    development; football; impact analysis; World Cup; sports; mega-event;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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