Major Sports Events: Economic Impact

Hamburg Contemporary Economic Discussions No. 58, 2017

31 Pages Posted: 23 Jun 2017

See all articles by Wolfgang Maennig

Wolfgang Maennig

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences

Date Written: June 2017

Abstract

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

Maennig, Wolfgang, Major Sports Events: Economic Impact (June 2017). Hamburg Contemporary Economic Discussions No. 58, 2017. Available at SSRN: https://ssrn.com/abstract=2990262 or http://dx.doi.org/10.2139/ssrn.2990262

Wolfgang Maennig (Contact Author)

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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