Economic Multipliers and Mega-Event Analysis

Victor Matheson

No 402, Working Papers from College of the Holy Cross, Department of Economics

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 how mega-events may lead to inflated multipliers and exaggerated claims of economic benefits.

Keywords: economic impact; sports; sport economics; mega-events (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2004-06
New Economics Papers: this item is included in nep-spo
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Citations: View citations in EconPapers (17)

Published in International Journal of Sport Finance, February 2009, Vol. 4:1, pp. 63-70.

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https://hcapps.holycross.edu/hcs/RePEc/hcx/HC0402-Matheson_Multipliers.pdf Preliminary version, 2004 (application/pdf)

Related works:
Journal Article: Economic Multipliers and Mega-Event Analysis (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:hcx:wpaper:0402

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