2012-10-06 papers

on Sports and Economics

Issue of 2012–10–06
two papers chosen by
Humberto Barreto, DePauw University

Assessing the infrastructure impact of mega-events in emerging economies By Victor Matheson
Evaluating professional tennis players’ career performance: A Data Envelopment Analysis approach By Halkos, George; Tzeremes, Nickolaos

Assessing the infrastructure impact of mega-events in emerging economies

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:	https://d.repec.org/n?u=RePEc:hcx:wpaper:1203

Evaluating professional tennis players’ career performance: A Data Envelopment Analysis approach

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:	https://d.repec.org/n?u=RePEc:pra:mprapa:41516

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