Document Type
Working Paper
Date of This Version
9-1-2015
Keywords
sports, stadiums, development, impact analysis, Olympics, World Cup, tourism
Abstract
Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The paper examines the motivations of countries to host these events and the typical economic outcome for those host sites lucky(?) enough be awarded the games. For both efficiency and equity reasons, these events are risk propositions at best, and they generally represent an even worse investment for developing countries than for industrialized nations.
Working Paper Number
1507
Recommended Citation
Baade, Robert and Matheson, Victor, "An Analysis of Drivers of Mega-Events in Emerging Economies" (2015). Economics Department Working Papers. Paper 153.
https://crossworks.holycross.edu/econ_working_papers/153