Date of This Version
stadiums, arenas, World Cup, sports, tourism, Olympics, economic history, mega-events
Z28, O18, R53
This paper traces the economic history of major sporting events focusing on the Olympics. Historically, the Olympic Games as well as other major sporting events have been considered costly events that place a burden on host cities. Only in relatively recent years, coinciding with the massive increases in the cost of hosting these events, have event organizers begun to claim that these events bring with them large economic benefits.
Working Paper Number
Victor Matheson, 2018. "The Rise and Fall (and Rise and Fall) of the Olympic Games as an Economic Driver," Working Papers 1816, College of the Holy Cross, Department of Economics.
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