Sports, economic performance and FDI: The impact of hosting different sports mega-events on economic growth and foreign direct investment in developed and developing countries, 1970-2016

Abstract: In this paper, the effect hosting a mega sports event has on economic growth and the inflow of foreign direct investment is investigated over the period 1970 – 2016. This paper differentiates between six different mega sports events. Furthermore, it also investigates whether hosting mega sports events in developing countries has a different impact on economic growth and the inflow of foreign direct investment than if such an effect were hosted in a developed country.