The economic importance of olympic and paralympic sport
UK Sport commissioned the Sport Industry Research Centre (SIRC) at Sheffield Hallam University to produce a ‘Satellite Account’ for Olympic and Paralympic sports, in order to quantify their economic importance to the UK economy.
Satellite Accounts analyse industries from four perspectives:
- Gross Value Added (GVA);
- Employment (head count and full time equivalent jobs);
- Consumer spending, and
- Turnover.