Major Sports Events: Economic Impact
Hamburg Contemporary Economic Discussions No. 58, 2017
31 Pages Posted: 23 Jun 2017
Date Written: June 2017
Economic impact has developed into one of the most cited and used arguments to bid for major events. Ex ante studies on the economic impact, which analyze regional income and employment impacts, are usually required by local chamberlains or regional financing authorities and occasionally are a basis for votes in the relevant assemblies, parliaments or public referenda. Occasionally, economic impact studies are required by law as proof of the efficient allocation of public resources.
Suggested Citation: Suggested Citation