Home  Journals  Regional Economics: Theory and Practice  2(437) - 2017 February

Socio-economic benefits of holding a large-scale international sports event for the development of a region: Evidence from the Sverdlovsk oblast

Vol. 15, Iss. 2, FEBRUARY 2017

Article PDF Version

Received: 8 April 2016

Received in revised form: 11 May 2016

Accepted: 5 July 2016

Available online: 18 February 2017

Subject Heading: SUSTAINABLE DEVELOPMENT OF REGIONS

JEL Classification: R11, R12, R58

Pages: 222-236

https://doi.org/10.24891/re.15.2.222

The article considers the issues of evaluation of the effectiveness of large-scale sporting events with a view to socio-economic development of the region. The paper discusses the world research experience in the field of large-scale sporting events that can be used by Russia for major international competitions. It presents the results of the analysis of foreign experience in the assessment of the socio-economic efficiency of large-scale sporting events in specific regions and shows typical errors of host countries. The authors stress the need for a preliminary assessment of the effectiveness of large-scale sports events in the territory of the Sverdlovsk oblast, taking into account the best practices of the five basic elements of heritage: economic, social, political, communications, and the infrastructure ones. The authors conclude on key research areas in the field of large-scale sporting events in the world and submit their own recommendations for their planning, taking into account the international experience and using the Sverdlovsk oblast as a case study.

Keywords: large-scale sporting event, territory, sustainable development, economy

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