Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy; PART II: Amateur Sports Participation, Supply and Impact; PART III: Professional Team Sports; PART IV: Professional Sports Leagues; PART V: Sports Events and their Impacts; PART VI: Individual Sports; and PART VII: Future Research.

The Economics of Mega-Events: The Impact, Costs, and Benefits of the Olympic Games and the World Cup

The Economics of Mega-Events: The Impact, Costs, and Benefits of the Olympic Games and the World Cup

The economics of mega-events: the impact, costs, and benefits of the olympic games and the world cup
Candon Johnson


The Olympic Games and World Cup rank among the largest sports events in the world. The Summer Olympic Games, Winter Olympic Games, and World Cup all occur every four years and allow the world's premier athletes to compete against one another. These are arguably the most important mega-events in the world and will be the focus of this chapter. The term mega-event(s) will be used interchangeably with the Olympic Games and the World Cup throughout.

This chapter discusses the economics of hosting sports mega-events, the financing of these ...

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