Do we need an economic impact study or a cost-benefit analysis of a sports event?
Stefan Kesenne
Working Papers from University of Antwerp, Faculty of Business and Economics
Abstract:
In this paper, we try to show, using a simple numerical example of a fictive international sports event, that there is a fundamental difference between what is generally called an economic impact study of a sports event and a cost-benefit analysis. The difference is important because an economic impact study does not yield any argument for the government to subsidize the event. Only a cost-benefit analysis can provide the necessary information.
Pages: 15 pages
New Economics Papers: this item is included in nep-tur and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:ant:wpaper:2005018
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