Sports Infrastructure and Economic Development: An Analytical Perspective

Abstract

Job creation‚ domestic and foreign investment‚ and increased economic growth are closely related to sports infrastructure․ The aim of this study is to analyze the role of sports infrastructure in the economic development of the country in three aspects‚ namely‚ GDP‚ urbanization‚ and community well-being․ A number of case and empirical studies are studied with the aim of examining the impact of such sport facilities on an area's economy both at national and local level․ It concludes that sporting infrastructure can be used as a policy to increase business activity‚ raise property values‚ promote health and develop long-term trends․ The paper presents the downsides to a government (active maintenance‚ displacement costs) before giving evidence-based recommendations for how sports infrastructure can be best used․