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Public Perception of Intangible Benefits and Costs in the Valuation of Mega Sports Events: The Case of Euro 2012 in Poland

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  • Krystian M. Zawadzki

Abstract

This article estimates the intangible benefits and costs of Euro 2012 in Poland. Using the contingent valuation method (CVM), a study was conducted among residents of all four host regions of the event and one nonhost region. This provided the basis for determining the net intangible benefit arising from Poland’s hosting of the European football championships (Euro 2012), which was estimated at 5.3 billion PLN2012. The aggregate values were then compared with the country’s actual expenditures on sports facilities. The obtained results undermine the use of financing based entirely on public funds.

Suggested Citation

  • Krystian M. Zawadzki, 2016. "Public Perception of Intangible Benefits and Costs in the Valuation of Mega Sports Events: The Case of Euro 2012 in Poland," Eastern European Economics, Taylor & Francis Journals, vol. 54(5), pages 437-458, September.
    • Handle: RePEc:mes:eaeuec:v:54:y:2016:i:5:p:437-458
    DOI: 10.1080/00128775.2016.1201689
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    1. Zawadzki, Krystian, 2013. "Euro 2012 economic impact on host cities in Poland," MPRA Paper 64522, University Library of Munich, Germany.
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    Cited by:

    1. Krystian M. Zawadzki & Marcin Potrykus, 2023. "Stock Markets’ Reactions to the Announcement of the Hosts. An Event Study in the Analysis of Large Sporting Events in the Years 1976–2032," Journal of Sports Economics, , vol. 24(6), pages 759-800, August.
    2. Robert, Ruszkowski, 2017. "The Contingent Valuation Method in assessing the value of sport’s stadium in developing nations. The case of Poland," MPRA Paper 80581, University Library of Munich, Germany.
    3. Wiker, Dagmara, 2017. "The valuation of publicly financed sport’s arenas," MPRA Paper 82913, University Library of Munich, Germany.
    4. See, Chan Ken, 2017. "Intangible value in preserving the Sports Arenas," MPRA Paper 81505, University Library of Munich, Germany.
    5. Witthaus, Bjorn, 2020. "The impact of mega sport’s events on tourism sector. The case of Euro 2012 in Pomerania region," MPRA Paper 103936, University Library of Munich, Germany.
    6. Pavlov, Aleksandr, 2016. "The development of hotel industry due to mega sport event. The case of Euro 2012 in Poland," MPRA Paper 74680, University Library of Munich, Germany.
    7. Mgetchan, Fatih, 2016. "Development of the tourist accommodation in Gdańsk due to the organization of Euro 2012 in Poland," MPRA Paper 74699, University Library of Munich, Germany.

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