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
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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 stakeholders perspective and a spatial differentiation of interest groups. Verf.-Referat» weiterlesen» einklappen
Autoren
Klassifikation
DFG Fachgebiet:
1.24 - Wirtschaftswissenschaften
DDC Sachgruppe:
Sport