Assessing the infrastructure impact of mega-events in emerging economies
Victor Matheson ()
No 1201, Working Papers from International Association of Sports Economists, North American Association of Sports Economists
Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The rapid investment in long-lasting physical stocks raises questions of equity and efficiency for national taxpayers and event attendees. This paper reviews several cases of historical and recent mega-events to assess the infrastructure costs, returns on infrastructure investments, and impacts of the events on urban development patterns. It will highlight cases where mega-event investments contributed to long-term economic growth.
Keywords: sports; stadiums; development; impact analysis; Olympics; World Cup; tourism (search for similar items in EconPapers)
JEL-codes: L83 O18 R53 (search for similar items in EconPapers)
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Working Paper: Assessing the infrastructure impact of mega-events in emerging economies (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:spe:wpaper:1201
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