Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity?

Victor Matheson and Robert Baade ()
Additional contact information
Robert Baade: Department of Economics and Business, Lake Forest College

No 404, Working Papers from College of the Holy Cross, Department of Economics

Abstract: Supporters of mega-sporting events such as the World Cup and Olympics claim that these events attract hoards of wealthy visitors and lead to lasting economic benefits for the host regions. Developing countries have become increasingly vocal in demanding a share of the economic benefits of these international games. The specialized infrastructure and operating expenses required to host these events, however, can be substantial. Independent researchers have found that boosters’ projections of the economic impact of sporting events exaggerate the true economic impact of these competitions, and these events are an even worse investment for developing countries than for industrialized nations.

Keywords: development; football; impact analysis; World Cup; sports; mega-event (search for similar items in EconPapers)
JEL-codes: L83 O2 R53 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2004-09
New Economics Papers: this item is included in nep-geo and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (29)

Published in South African Journal of Economics, Vol. 72:5, December 2004, pp. 1084-1095.

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https://hcapps.holycross.edu/hcs/RePEc/hcx/HC0404-Matheson-Baade_Prosperity.pdf Extended version, 2004 (application/pdf)

Related works:
Journal Article: MEGA‐SPORTING EVENTS IN DEVELOPING NATIONS: PLAYING THE WAY TO PROSPERITY? (2004)
Working Paper: Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity? (2003)
Working Paper: Mega-Sporting Events in Developing Nations: Playing the way to Prosperity?
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Persistent link: https://EconPapers.repec.org/RePEc:hcx:wpaper:0404

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