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Doctor of Philosophy, (Economics)
Study Completed: 2011
Massey Business School
Assessing the economic justification for government involvement in sports facilities and events in New Zealand
Mr Richardson examined the economic justification for government involvement in the provision of sports facilities and events in New Zealand. Ex-ante economic impact studies typically predict job creation and income generation from such projects. Mr Richardson’s findings indicated that the realised economic impacts from facility construction and events were in most cases not significant, and as such were a poor justification for government involvement. A stronger justification was found by estimating benefits that accrue to local residents from the consumption of an event. These consumer surplus benefits are not routinely estimated; they should, however, become an integral part of any future facility or event evaluation.
Professor Allan Rae
Professor Anton Meister
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Last updated on Tuesday 04 April 2017