#5: The Super Bowl & Economic Impact Studies

Economics Happy Hour Podcast · Feb 9, 2023 · 52m

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…