Assessing the regional impacts of a multi‐hosting mega sport event: The case of EURO 2020 in Rome

Stefano Deriu, Claudio Socci, Giovanni Di Bartolomeo (), Giuseppe Ciccarone and Ludovica Almonti

Metroeconomica, 2024, vol. 75, issue 4, 609-640

Abstract: UEFA EURO 2020 is the first multi‐hosting mega‐event developed on the entire continent. Often, mega‐events concentrated in one place have turned out to have a modest, or adverse, economic impact due to high costs. Therefore, the ex‐post assessment of the local impact of the four matches played in Rome as a mega‐event is an interesting case study. To this end, we use a Computable General Equilibrium model based on the Lazio regional Social Accounting Matrix. We estimate a significant Gross Domestic Product multiplier at around 1.45. Furthermore, in terms of employment, the event generates an additional net volume equivalent to 9762 full‐time jobs per year.

Date: 2024
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