Economic Multipliers and Mega-Event Analysis

Victor Matheson

International Journal of Sport Finance, 2009, vol. 4, issue 1, 63-70

Abstract: Critics of economic impact studies that purport to show that mega-events such as the Olympics bring large benefits to the communities “lucky” enough to host them frequently cite the use of inappropriate multipliers as a primary reason why these impact studies overstate the true economic gains to the hosts of these events. This brief paper shows in a numerical example one way in which mega-events may lead to inflated multipliers and exaggerated claims of economic benefits.

Keywords: economic impact; sports; multipliers; mega-events (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Date: 2009
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Working Paper: Economic Multipliers and Mega-Event Analysis (2004)
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International Journal of Sport Finance is currently edited by Arne Feddersen, Babatunde Buraimo, Joachim Prinz and Jane Ruseski

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