2006-11-04 papers

on Sports and Economics

Issue of 2006–11–04
one paper chosen by
Humberto Barreto, DePauw University

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

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

By:	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’ <i>ex ante</i> 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 <i>ex post</i> studies of exploring the true impact of mega-events.
Keywords:	sports, impact analysis, mega-events
JEL:	L83
Date:	2006–10
URL:	https://d.repec.org/n?u=RePEc:spe:wpaper:0622

This issue is ©2006 by Humberto Barreto. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.

General information on the NEP project can be found at https://nep.repec.org. For comments please write to the director of NEP, Marco Novarese at <director@nep.repec.org>. Put “NEP” in the subject, otherwise your mail may be rejected.

NEP’s infrastructure is sponsored by the Griffith Business School of Griffith University in Australia.