A longitudinal assessment on the economic effects of hosting major sporting events

Huei-Wen Lin and Huei-Fu Lu

Applied Economics, 2018, vol. 50, issue 56, 6085-6099

Abstract: Hosting major sporting events (MSEs) has become a globalized strategy for many countries. This paper is to incorporate event study and dynamic panel data analysis with annual secondary data to examine and clarify the long-term economic effects of host countries that had hosted the Asian Games and the Olympic Games from 1950 to 2014. The results indicate that hosting MSEs to create positive economic effects like the real economic growth rate, investment, employment and international trade may be a myth even for developing countries. The evidences can provide the sport management or authority with longitudinal and comprehensive elaboration for biding or hosting MSEs in the future.

Date: 2018
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DOI: 10.1080/00036846.2018.1489117

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