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This paper provides an overview of the economics of sports mega-events as well as a review of the existing literature …
Persistent link: https://www.econbiz.de/10005731683
In a recent article in Economic Development Quarterly, "Comparative Economic Impact Analyses: Differences Across Cities, Events, and Demographics" (November 2004), Michael Mondello and Patrick Rishe examined the economic impact of small, amateur sporting events on host economies. This response...
Persistent link: https://www.econbiz.de/10005729452
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...
Persistent link: https://www.econbiz.de/10005009853
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...
Persistent link: https://www.econbiz.de/10005545436
In 2007 Poland and Ukraine were awarded by UEFA to co-host the 2012 European Football Championships. This first "mega-event" to take place in the transition countries is commonly intended to yield large and lasting economic bebefits to the host cities. This point of view is rarely shared by...
Persistent link: https://www.econbiz.de/10008622032
This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10009279921
Surveys of patrons of the 2011 Baltimore Grand Prix provide evidence of the economic impact of the event that is vastly smaller than the projections by the events promoter, Baltimore Racing Development. Our best estimate of the gross spending impact of the event is about $25 million, while the...
Persistent link: https://www.econbiz.de/10010611183
This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10010611184
This paper provides an empirical examination of the 2002 Winter Olympic Games in Salt Lake City, Utah. Our analysis of taxable sales in the counties in which Olympic events took place finds that some sectors such as hotels and restaurants prospered while other retailers such as general...
Persistent link: https://www.econbiz.de/10005812943
the controversy surrounding the purported economic impact of the game on host communities. While the league and sports …
Persistent link: https://www.econbiz.de/10008509777