Assessing the infrastructure impact of mega-events in emerging economies

Victor Matheson

No 1203, Working Papers from College of the Holy Cross, Department of Economics

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 (search for similar items in EconPapers)
JEL-codes: L83 O18 R53 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2012-09
New Economics Papers: this item is included in nep-his, nep-ppm, nep-spo, nep-tre and nep-tur
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Citations: View citations in EconPapers (2)

Published in Infrastructure and Land Policies, Gregory K. Ingram and Karin L. Brandt, eds., (Cambridge, MA: Lincoln Land Institute, 2013), Pages 215-232.

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https://hcapps.holycross.edu/hcs/RePEc/hcx/HC1203- ... tsInfrastructure.pdf (application/pdf)

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Working Paper: Assessing the infrastructure impact of mega-events in emerging economies (2012)
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