What is the economic impact of sports events like the Super Bowl. Matt Rousu and Jadrian Wooten discuss in this excerpt from their Economics Happy Hour podcast.


For the full episode, go here: [ Ссылка ]


#economics #SuperBowl #economicimpact #teachecon


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Longer description from episode:


"In this episode, we discuss the economic impact of the Super Bowl and how impact studies that claim to measure its economic benefits are often exaggerated. Politicians love to talk about the ways in which mega-events bring in a significant amount of money, but most of the benefits go to large corporations rather than the local economy. We chat about the methodology of these impact studies, discussing many methodological flaws and unrealistic assumptions. These include failing to account for money that would have been spent in the area anyway, estimates of visitors, estimates of spending, the multipliers that are chosen, and more. With the big game coming up, it’s sure to give you something to talk about in-between commercial breaks."

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