The effects of mega-events on perceived corruption

In recent decades, the media have covered many cases of corruption related to the celebration of mega-events around the globe. In most of these cases, politicians and other high officials are involved. This paper analyses the effect of hosting mega-events on the level of perceived corruption in 34 O...

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Bibliographic Details
Published in:European Journal of Political Economy 2020-01, Vol.61, p.101826, Article 101826
Main Authors: Olmos, Lorena, Bellido, Héctor, Román-Aso, Juan A.
Format: Article
Language:English
Subjects:
Celebrations
Corruption
Mass media effects
Mega-events
Olympic games
Panel data
Political economy
Politicians
Summer
Winter
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Summary:In recent decades, the media have covered many cases of corruption related to the celebration of mega-events around the globe. In most of these cases, politicians and other high officials are involved. This paper analyses the effect of hosting mega-events on the level of perceived corruption in 34 OECD countries, during 1996–2017. Summer and Winter Olympic Games, FIFA World Cups, and Universal Expositions are considered. Results show that, when we take the year of the celebration of the event as the turning point, there is no robust evidence in favour of a positive impact on perceived corruption. However, when we take the election date of the host country as the threshold, the magnitude of the effect is lasting, reaching its maximum value 1–2 years before the celebration itself, and increasing the perceived level of corruption by about 4%.
ISSN:0176-2680
1873-5703
DOI:10.1016/j.ejpoleco.2019.101826