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Can Chinese cities achieve higher technical efficiency after hosting mega events?
Lei, Chun Kwok
2013-04
Source PublicationInternational Journal of China Studies
ISSN2180-3250
Volume4Issue:1Pages:85-109
Abstract

This study applies the stochastic frontier approach to estimate the technical efficiency of a group of Chinese cities which have hosted mega events such as the Olympic Games and Asian Games, etc. since 2000s. The purpose is to assess if their efficiency level can be strengthened in the process of event preparation. In the empirical analyses, it is observed that no significant improvement on technical efficiency can be achieved by the event hosting cities. The level of technical efficiency of the event hosting cities has even slightly declined in the event decade. Investment to gross domestic product (GDP) ratio is found to have positive linkages with technical efficiency, but it has not expanded satisfactorily to bring about significant efficiency improvement. Economic transition toward service sector with no comparative advantage, meanwhile, tends to discount efficiency. In general, hosting an event can only bring about short-lived contributions to economic benefits but not significant efficiency improvement. Policy makers should be cautious in the future before making their decisions to host mega events.

KeywordMega Events China Stochastic Frontier Analysis Technical Efficiency
URLView the original
Language英语
Fulltext Access
Document TypeJournal article
CollectionFaculty of Business Administration
DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Corresponding AuthorLei, Chun Kwok
AffiliationUniversity of Macau, Macau Special Administration Region, Macau
First Author AffilicationUniversity of Macau
Corresponding Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Lei, Chun Kwok. Can Chinese cities achieve higher technical efficiency after hosting mega events?[J]. International Journal of China Studies,2013,4(1):85-109.
APA Lei, Chun Kwok.(2013).Can Chinese cities achieve higher technical efficiency after hosting mega events?.International Journal of China Studies,4(1),85-109.
MLA Lei, Chun Kwok."Can Chinese cities achieve higher technical efficiency after hosting mega events?".International Journal of China Studies 4.1(2013):85-109.
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