Cost and Revenue Overruns of the Olympic Games 2000–2018

Abstract

Die Reihe bietet ein Forum für empirische Studien zur ökonomischen Wirkungsanalyse von Großveranstaltungen in Sport, Kultur und Tourismus. Die Bände beleuchten gleichermaßen die Effekte der Großereignisse auf ihr sozioökonomisches Umfeld als auch den Einfluss von Standortfaktoren auf die Wettbewerbsfähigkeit und Governance der Eventwirtschaft. Die Themenfelder umfassen alle Stakeholder von Events und reichen von Primärerhebungen zum Reise-und Konsumverhalten von Eventbesuchern sowie zu Werbe-und Imagewirkungen von Großveranstaltungen über den gesellschaftlichen Beitrag von Events, etwa zum Volunteering, bis zu Analysen der Eventinfrastruktur wie Stadien-und Ligenmärkte oder Finanzierungsquellen. Die Schriftenreihe richtet sich an Lehrende und Studierende der Wirtschafts-, Sport-oder Tourismuswissenschaft sowie an Praktiker und öffentliche Entscheidungsträger in eventbezogenen Handlungsfeldern.

Does the Olympic Agenda 2020 Have the Power to Create a New Olympic Heritage? An Analysis for the 2026 Winter Olympic Games Bid

“…Interestingly, three bidders (the canton of Graubünden, Innsbruck and Graz) even argued in their feasibility studies that there would be no cost for taxpayers (non-OGOC budget) as all investments related to the WOG had been planned anyway [70,81,84]. If we consider the typical WOG cost overruns and include them in the estimated budgets, the cost of the WOG staged in the last two decades (2002-2022) was still significantly higher than that expected for the 2026 WOG (compare [9]).…”

“…In the last few decades, the content, size and complexity of the OG has dramatically increased [7,8]. Several scholars have discussed the larger budget required for staging the OG [3,[9][10][11] while the infrastructure budget has likewise become a big issue. Thus, the constant growth of the WOG has become a real challenge [12] and nowadays the management of Olympic legacies [13,14] is one of the main characteristics of WOG.…”

Other- versus Self-Referenced Social Impacts of Events: Validating a New Scale

“…Sport participation can be added to this list, given its recent prominence as an acclaimed social outcome of events [11,46]. SET, SRT; 23 items (2)…”

“…Publicly funded sport events require the demonstration of substantial and sustainable positive outcomes for host communities. From a social welfare perspective [1], an efficient allocation of resources suggests that tax-payers, as major co-payers (e.g., 80% of the Olympic Games; [2]), should receive beneficial outcomes. Nevertheless, residents' quality of life may be directly impacted by the event, be it positive or negative, before, during, and/or after the event.…”

Towards Improved Guidelines for Cost–Benefit Analysis of Sport and Cultural Events

“…The risk of cost overruns is well identified in mega events economics, at least for the infrastructure part (Flyvbjerg et al, 2016;Preuss et al, 2019). This relates to the tight schedules that increase costs and provide the contractors with a strong bargaining power.…”