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Opportunity costs and efficiency of investments in mega sport events

Journal of policy research in tourism, leisure and events. Bd. 1. H. 2. London: Routledge, Taylor & Francis Group 2009 S. 131 - 140

Erscheinungsjahr: 2009

ISBN/ISSN: 1940-7963

Publikationstyp: Zeitschriftenaufsatz

Sprache: Englisch

Doi/URN: 10.1080/19407960902992183

Volltext über DOI/URN

Geprüft:Bibliothek

Inhaltszusammenfassung


Economic analyses of mega sport events usually focus on the positive effects and legacies while ignoring opportunity costs and the efficiency of using scarce resources. Event opponents argue that decisions to invest public resources should also consider alternative uses of the money. This paper aims to clarify some of the issues surrounding the opportunity costs of mega sport events. By using the measure ‘efficiency’ (output/input) of alternative investments it will become clear that the deci...Economic analyses of mega sport events usually focus on the positive effects and legacies while ignoring opportunity costs and the efficiency of using scarce resources. Event opponents argue that decisions to invest public resources should also consider alternative uses of the money. This paper aims to clarify some of the issues surrounding the opportunity costs of mega sport events. By using the measure ‘efficiency’ (output/input) of alternative investments it will become clear that the decision to stage a mega sport event cannot be taken in isolation and that there are many factors that need to be considered. The argument put forward is based on a stakeholder’s perspective and a spatial differentiation of interest groups. Verf.-Referat» weiterlesen» einklappen

Autoren


Preuß, Holger (Autor)

Klassifikation


DFG Fachgebiet:
1.24 - Wirtschaftswissenschaften

DDC Sachgruppe:
Sport