Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity?
Victor Matheson () and
Robert Baade ()
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Robert Baade: Department of Economics and Business, Lake Forest College
No 404, Working Papers from College of the Holy Cross, Department of Economics
Supporters of mega-sporting events such as the World Cup and Olympics claim that these events attract hoards of wealthy visitors and lead to lasting economic benefits for the host regions. Developing countries have become increasingly vocal in demanding a share of the economic benefits of these international games. The specialized infrastructure and operating expenses required to host these events, however, can be substantial. Independent researchers have found that boosters’ projections of the economic impact of sporting events exaggerate the true economic impact of these competitions, and these events are an even worse investment for developing countries than for industrialized nations.
Keywords: development; football; impact analysis; World Cup; sports; mega-event (search for similar items in EconPapers)
JEL-codes: L83 R53 O2 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-geo and nep-spo
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Published in South African Journal of Economics, Vol. 72:5, December 2004, pp. 1084-1095.
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http://web.holycross.edu/RePEc/hcx/HC0404-Matheson-Baade_Prosperity.pdf Extended version, 2004 (application/pdf)
Journal Article: MEGA-SPORTING EVENTS IN DEVELOPING NATIONS: PLAYING THE WAY TO PROSPERITY? (2004)
Working Paper: Mega-Sporting Events in Developing Nations: Playing the Way to Prosperity? (2003)
Working Paper: Mega-Sporting Events in Developing Nations: Playing the way to Prosperity?
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Persistent link: https://EconPapers.repec.org/RePEc:hcx:wpaper:0404
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