Economic Multipliers and Mega-Event Analysis

Preprint OPEN
Victor Matheson (2004)
  • Subject: economic impact, sports, sport economics, mega-events
    • jel: jel:L83

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 gains to the hosts of these events. This brief paper shows in a numerical example how mega-events may lead to inflated multipliers and exaggerated claims of economic benefits.
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