Do the rich get richer? Exploring disparate effects of hosting sport mega events on high technology exports for developed and developing nations
Ted M. Hayduk
The Journal of International Trade & Economic Development, 2020, vol. 29, issue 8, 973-994
Abstract:
Plenty of research has investigated the relationship between exports and economic growth. Because positive linkages are regarded as situational, research investigated a range of covariates that could moderate the relationship. One variable that has received scant attention is whether or not an economy hosted a mega sport event (MSE). MSEs spur massive technological projects that must be undertaken to prepare the locale. Three characteristics of MSEs make them of interest: they require significant influxes of scarce resources, additional rents from disrupted markets spillover to non-event contexts, and MSEs’ international scale provides opportunities for cross-border relationships. The analysis investigates the effect of a MSE on host nations’ high technology exports (HTX). Results suggest that hosting a MSE was generative of HTX for Developed nations, but not for Developing nations. This holds implications for (1) academics seeking to develop theories supporting a linkage between MSEs and entrepreneurial rents, and (2) practitioners seeking to develop optimal trade relationships.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jitecd:v:29:y:2020:i:8:p:973-994
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DOI: 10.1080/09638199.2020.1782973
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The Journal of International Trade & Economic Development is currently edited by Pasquale Sgro, David E.A. Giles and Charles van Marrewijk
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