Reevaluation of the Employment Impact of the 1996 Summer <scp>O</scp>lympic <scp>G</scp>ames

Hotchkiss, Julie L.; Moore, Robert E.; Rios‐Avila, Fernando

doi:10.4284/0038-4038-2013.063

Cited by 12 publications

(3 citation statements)

References 28 publications

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“…3 See Jasmand and Maennig (2008) and Hotchkiss et al (2015) for illustrative examples for the geographical dispersion of Olympic sports venues. of host regions.…”

Section: Gamesmentioning

confidence: 99%

“…8 On the one hand the choice of this spatial level is driven by much better data availability among Non-EU countries. On the other hand it is also likely to better reflect the regional economic interlinkages relevant for Olympic Games (investment, local value chains, improvements in inter-regional infrastructure, tourist travel patterns) and the geographic dispersion of Olympic sports venues (see Jasmand and Maennig, 2008;Hotchkiss et al, 2015) than the small scaled NUTS 2 or OECD TL 3 level. Table 1 illustrates the size of the regions in the sample in terms of population.…”

Section: Definition Of Regions and Regional Gdp Per Capitamentioning

confidence: 99%

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The causal economic effects of Olympic Games on host regions

Firgo

2021

Regional Science and Urban Economics

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This paper studies the effects of hosting Olympic Games on the regional economy in the short-and long-run. For identification, runners-up in the Olympic bidding process are used to construct the counterfactual for Olympic host regions. In the short-run, hosting Summer Olympics boosts regional GDP per capita by about 3 to 4 percentage points relative to the national level in the year of the event and the year before. There is also evidence for positive long-run effects, but results on the latter are not statistically robust. In contrast, Winter Olympics do not have a positive impact on host regions. If anything, they lead to a temporal decline in regional GDP per capita in the years around the event.

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“…3 See Jasmand and Maennig (2008) and Hotchkiss et al (2015) for illustrative examples for the geographical dispersion of Olympic sports venues. of host regions.…”

Section: Gamesmentioning

confidence: 99%

Section: Definition Of Regions and Regional Gdp Per Capitamentioning

confidence: 99%

The causal economic effects of Olympic Games on host regions

Firgo

2021

Regional Science and Urban Economics

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“…В исследованиях Уолмана (Wallman 2006), а также Хотчкисса и др. (Hotchkiss et al 2015) показано, что Олимпийские игры и другие спортивные мега-события увеличивают уровень занятости и приводят к росту реальной заработной платы в регионе. Якобсeн и др.…”

Section: обзор литературыunclassified

The effects of large-scale sport events on foreign direct investment inflows: the results of empirical estimation

Drapkin

Лукьянов

2020

Vestnik MGIMO-universiteta

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The expediency of hosting large-scale sport events (LSE), such as the Summer and Winter Olympic Games, FIFA World Cup and EUFA European Championship, is a matter of public and scientific discussion. The main argument against hosting large-scale sport events is the substantial direct financial losses for an organizing country in most cases. Moreover, local residents often oppose hosting major sport events because of price increase and different inconveniences in their everyday life. At the same time the effects of hosting large-scale events have long-term nature and go beyond direct financial benefits. One of the difficulties in estimating the effects of LSE is that they are hard to measure.The literature review shows the deficit of research on how large-scale events influence the foreign direct investment inflows in the hosting country. In contrast to numerous papers on LSE influence on economic growth, foreign trade, international tourist flows, the authors found only one article devoted to LSE influence on FDI inflows. The present paper analyzes the influence of major sport events on foreign direct investment flows to the hosting country. The estimated database comprises data for 195 countries for the period of 1970–2018, 24 out of which hosted or will host 48 major sport events. The regression analysis indicates that LSE induce significant influence on foreign direct investment flows in the hosting economy. Comparing several models, we show that the most reliable is the model where hosting LSE positively influence on FDI inflows within the period starting 8 years before and ending 4 years after the event. We explain the result by the following. Firstly, fostering economic growth due to hosting LSE serves as a catalyst of foreign direct investment inflows. Secondly, LSE improves image of the hosting country abroad that positively affects the attractiveness of the country to foreign investors. Thirdly, the growing openness of the economy due to LSE (expressed for example in growth of international trade) positively affects the FDI inflows.The authors declare the absence of conflict of interests.

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Impact of Allowing Sunday Alcohol Sales in Georgia on Employment and Hours

Hotchkiss

Qi²

2017

Southern Economic Journal

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Differential timing across counties of the removal of restrictions on Sunday alcohol sales in the state of Georgia is used to determine whether the change had an impact on employment and hours in the beer, wine, and liquor retail sales industry. A triple‐difference (DDD) analysis finds significant relative increases in average weekly hours in the treated industry, but no significant impact on employment. We speculate regarding the forces behind the positive DDD result and conclude that the change in regulation likely lowered profits for affected liquor stores. This would explain why store owners were vocal opponents to restriction removal.

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Reevaluation of the Employment Impact of the 1996 Summer Olympic Games

Cited by 12 publications

References 28 publications

The causal economic effects of Olympic Games on host regions

The causal economic effects of Olympic Games on host regions

The effects of large-scale sport events on foreign direct investment inflows: the results of empirical estimation

Impact of Allowing Sunday Alcohol Sales in Georgia on Employment and Hours

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