Date of This Version
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.
Working Paper Number
Matheson, Victor, "Economic Multipliers and Mega-Event Analysis
" (2004). Economics Department Working Papers. Paper 104.
This article was published as: Matheson, V. (2009). Economic Multipliers and Mega-Event Analysis . International Journal of Sport Finance, 4(1), pp. 63-70.