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

  • Victor Matheson

    ()

    (Department of Economics, College of the Holy Cross)

  • Robert Baade

    ()

    (Department of Economics and Business, Lake Forest College)

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.

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File URL: http://college.holycross.edu/RePEc/hcx/Matheson_Prosperity.pdf
File Function: Extended version, 2004
Download Restriction: no

Paper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 0404.

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Length: 26 pages
Date of creation: Sep 2004
Date of revision:
Publication status: Published in South African Journal of Economics, Vol. 72:5, December 2004, pp. 1084-1095.
Handle: RePEc:hcx:wpaper:0404
Contact details of provider: Phone: (508)793-3362
Fax: (508) 793-3708
Web page: http://www.holycross.edu/departments/economics/website/

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  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, 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.
  3. 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.
  4. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists.
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