Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
An Analysis Of Drivers Of Mega-Events In Emerging Economies, Robert Baade, Victor Matheson
An Analysis Of Drivers Of Mega-Events In Emerging Economies, Robert Baade, Victor Matheson
Economics Department Working Papers
Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The paper examines the motivations of countries to host these events and the typical economic outcome for those host sites lucky(?) enough be awarded the games. For both efficiency and equity reasons, these events are risk propositions at best, and they generally represent an even worse investment for developing countries than for industrialized nations.
Many Happy Returns? The Pro-Bowl, Mega-Events, And Tourism In Hawaii, Robert Baumann, Victor Matheson
Many Happy Returns? The Pro-Bowl, Mega-Events, And Tourism In Hawaii, Robert Baumann, Victor Matheson
Economics Department Working Papers
We use daily airplane arrival data from 2004 to 2015 from Hawaii’s Department of Business, Economic Development, and Tourism to determine the net change in arrivals around a variety of sporting events. We find only one event generates a positive and significant net impact on arrivals: the Honolulu Marathon, which generates roughly 3,900 additional arrivals. No other sporting events result in a measurable increase in tourist arrivals including, notably, the NFL’s Pro Bowl, which receives a large subsidy from the state’s tourism authority.