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Infrastructure Investments and Mega-Sports Events: Comparing the Experience of Developing and Industrialized Countries

Author

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  • Robert Baumann

    (Department of Economics, College of the Holy Cross)

  • Victor Matheson

    (Department of Economics, College of the Holy Cross)

Abstract

Countries vigorously compete for sports mega-events in hopes of generating an economic impact during the event but also long-term growth induced by the hallmark event. It is well understood that the economic legacy depends on the infrastructure that not only facilitates the games but also has far broader implications for sustainable economic activity in the host city’s economy. The purpose of this paper is to analyze the extent to which developing and developed countries adopt different strategies as it related to the composition of infrastructure enhancements that have implications for the generation of an economy legacy from the mega-sports event.

Suggested Citation

  • 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.
    • Handle: RePEc:hcx:wpaper:1305
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    References listed on IDEAS

    as
    1. 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.
    2. Victor Matheson & Robert Baade, 2004. "The Quest for the Cup: Assessing the Economic Impact of the World Cup," Working Papers 0414, College of the Holy Cross, Department of Economics.
    3. Robert Baumann & Bryan Engelhardt & Victor Matheson, 2010. "The Labor Market Effects of the Salt Lake City Winter Olympics," Working Papers 1002, College of the Holy Cross, Department of Economics.
    4. Victor Matheson, 2006. "Mega-Events: The effect of the world’s biggest sporting events on local, regional, and national economies," Working Papers 0610, College of the Holy Cross, Department of Economics.
    5. Swantje Allmers & Wolfgang Maennig, 2009. "Economic impacts of the FIFA Soccer World Cups in France 1998, Germany 2006, and outlook for South Africa 2010," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 35(4), pages 500-519.
    6. 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, July.
    7. Robert A. BAADE & Robert W. BAUMANN & Victor A. MATHESON, 2010. "Slippery Slope ? Assessing The Economic Impact Of The 2002 Winter Olympic Games In Salt Lake City, Utah," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 81-92.
    8. MATHESON, Victor & PEETERS, Thomas & SZYMANSKI, Stefan, 2012. "If you host it, where will they come from? Mega-Events and Tourism in South Africa," Working Papers 2012015, University of Antwerp, Faculty of Business and Economics.
    9. 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.
    10. Wolfgang Maennig & Andrew Zimbalist (ed.), 2012. "International Handbook on the Economics of Mega Sporting Events," Books, Edward Elgar Publishing, number 14313.
    11. Baumann Robert & Engelhardt Bryan & Matheson Victor A., 2012. "Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 232(3), pages 308-317, June.
    12. Robert Baumann & Bryan Engelhardt & Victor A. Matheson, 2012. "Labor Market Effects of the World Cup: A Sectoral Analysis," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 22, Edward Elgar Publishing.
    13. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists.
    14. 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.
    15. 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.
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    Cited by:

    1. José Miguel Vegara-Ferri & José María López-Gullón & Ricardo José Ibanez-Pérez & María Carboneros & Salvador Angosto, 2020. "Segmenting the Older Resident’s Perception of a Major Cycling Event," Sustainability, MDPI, vol. 12(10), pages 1-19, May.
    2. Martin M�ller, 2015. "The Mega-Event Syndrome: Why So Much Goes Wrong in Mega-Event Planning and What to Do About It," Journal of the American Planning Association, Taylor & Francis Journals, vol. 81(1), pages 6-17, January.
    3. Bakó, Barna & Isztin, Péter & Berezvai, Zombor & Cseke, Petra Zsuzsanna, 2019. "Infrastruktúra-bővítés világversenyek idején. A Mol Bubi esete a FINA világbajnoksággal [Infrastructural investments for international sports events. Network expansion of the MOL Bubi bicycle-shari," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 4-21.
    4. Dariusz Kloskowski & Grzegorz Kwiatkowski, 2021. "Events and Festivals in Times of Uncertainty," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 469-487.

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    More about this item

    Keywords

    sports; stadiums; development; impact analysis; Olympics; World Cup; tourism;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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