|
on Sports and Economics |
|
Issue of 2012‒10‒06
two papers chosen by Joao Carlos Correia Leitao University of Beira Interior and Technical University of Lisbon |
| By: | Victor Matheson (Department of Economics, College of the Holy Cross) |
| Abstract: | Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The rapid investment in long-lasting physical stocks raises questions of equity and efficiency for national taxpayers and event attendees. This paper reviews several cases of historical and recent mega-events to assess the infrastructure costs, returns on infrastructure investments, and impacts of the events on urban development patterns. It will highlight cases where mega-event investments contributed to long-term economic growth. |
| Keywords: | sports, stadiums, development, impact analysis, Olympics, World Cup, tourism |
| JEL: | L83 O18 R53 |
| Date: | 2012–09 |
| URL: | http://d.repec.org/n?u=RePEc:hcx:wpaper:1203&r=spo |
| By: | Halkos, George; Tzeremes, Nickolaos |
| Abstract: | This paper by applying a sporting production function evaluates 229 professional tennis players’ career performance. By applying Data Envelopment Analysis (DEA) the paper produces a unified measure of nine performance indicators into a single career performance index. In addition bootstrap techniques have been applied for bias correction and the construction of confidence intervals of the efficiency estimates. The results reveal a highly competitive environment among the tennis players with thirty nine tennis players appearing to be efficient. |
| Keywords: | Professional tennis players; Data Envelopment Analysis; Sport production function; Bootstrapping |
| JEL: | C69 C14 L83 |
| Date: | 2012–09 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:41516&r=spo |