Centre for Economic Transformation | CET

The bidding paradox: why economists, consultants and politicians disagree on the economic effects of mega sports events but might agree on their attractiveness

Artikel
London-2012-Olympic-Stadium Abstract. The ambition to host mega sports events is (or can be) perfectly justifiable with various arguments. The most persistently used argument is the supposed financial or direct economic gain for the host economy, of which the compelling body of evidence is discouraging. This implies that the justification for hosting should come from a different, broader economic angle. This paper provides a critical discussion of the myriad of economic and frequently intangible effects that could be put forward in the public debate preceding the submission of a bid. Paradoxically, most of these effects are not, or infrequently employed in public debates.

Full reference en link: Marcel van den Berg, Michiel de Nooij (2013) The bidding paradox: why economists, consultants and politicians disagree on the economic effects of mega sports events but might agree on their attractiveness. Utrecht School of Economics. Tjalling C. Koopmans Research Institute Discussion Paper Series 13-09.
Gepubliceerd door  CAREM 11 september 2013

Publicatiedatum

sep 2013