IDEAS home Printed from https://ideas.repec.org/p/wvu/wpaper/18-01.html
   My bibliography  Save this paper

Evaluating Crime as a Negative Externality of Hosting Mega-Events: Econometric Analysis of the 2012 London Summer Olympics

Author

Listed:
  • Nicholas Le

    (West Virginia University, Department of Economics)

Abstract

Analysis of the benefits and the drawbacks of hosting large-scale sporting events like the Olympics or World Cup frequently ignore the effects of crime due to its relatively small economic impact in comparison to employment and consumption effects. Literature has frequently tied sporting events and tourism to crime, in addition to observing proximity effects on crime during sporting events. This research seeks to confirm both by implementing a difference-in-difference regression that can show whether crime increased during the Olympics, in particular in London boroughs which hosted venues for the Games. Ultimately, the research concludes that crime in London as a whole does increase although it is unable to find statistically significant evidence that crime increased in host boroughs at a magnitude larger than the general increase in crime in the city. Likely reasons we have been unsuccessful in pinpointing the location effects include data limitations (daily data would be superior to monthly data due to the dates during which the event was hosted) and the relatively small geographical size of each host borough, as well as their proximity to one another.

Suggested Citation

  • Nicholas Le, 2018. "Evaluating Crime as a Negative Externality of Hosting Mega-Events: Econometric Analysis of the 2012 London Summer Olympics," Working Papers 18-01, Department of Economics, West Virginia University.
    • Handle: RePEc:wvu:wpaper:18-01
    as

    Download full text from publisher

    File URL: http://busecon.wvu.edu/phd_economics/pdf/18-01.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Habibullah, M.S. & Law, Siong-Hook, 2008. "Property crime and macroeconomic variables in Malaysia: Some empirical evidence from a vector error-correction model," MPRA Paper 12112, University Library of Munich, Germany.
    2. Stephen Jarrell & Roy M. Howsen, 1990. "Transient Crowding and Crime:," American Journal of Economics and Sociology, Wiley Blackwell, vol. 49(4), pages 483-494, October.
    3. Julie L. Hotchkiss & Robert E. Moore & Stephanie M. Zobay, 2003. "Impact of the 1996 Summer Olympic Games on Employment and Wages in Georgia," Southern Economic Journal, John Wiley & Sons, vol. 69(3), pages 691-704, January.
    4. Nadia Campaniello, 2013. "Mega Events in Sports and Crime," Journal of Sports Economics, , vol. 14(2), pages 148-170, April.
    5. Julie L. Hotchkiss & Robert E. Moore & Stephanie M. Zobay, 2003. "Impact of the 1996 Summer Olympic Games on Employment and Wages in Georgia," Southern Economic Journal, John Wiley & Sons, vol. 69(3), pages 691-704, January.
    6. Hagn, Florian & Maennig, Wolfgang, 2008. "Employment effects of the Football World Cup 1974 in Germany," Labour Economics, Elsevier, vol. 15(5), pages 1062-1075, October.
    7. Harry H. Hiller, 2000. "Mega‐events, Urban Boosterism and Growth Strategies: An Analysis of the Objectives and Legitimations of the Cape Town 2004 Olympic Bid," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 24(2), pages 449-458, June.
    8. Robert A. Baade & Victor A. Matheson, 2016. "Going for the Gold: The Economics of the Olympics," Journal of Economic Perspectives, American Economic Association, vol. 30(2), pages 201-218, Spring.
    9. Ming-Jen Lin, 2008. "Does Unemployment Increase Crime?: Evidence from U.S. Data 1974–2000," Journal of Human Resources, University of Wisconsin Press, vol. 43(2), pages 413-436.
    10. Stephen B. Billings & Craig A. Depken, 2011. "Sport Events and Criminal Activity: A Spatial Analysis," Sports Economics, Management, and Policy, in: R. Todd Jewell (ed.), Violence and Aggression in Sporting Contests, edition 1, chapter 0, pages 175-187, Springer.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bernd Süssmuth & Malte Heyne & Wolfgang Maennig, 2010. "Induced Civic Pride and Integration," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(2), pages 202-220, April.
    2. Stephen Shmanske, 2012. "The Economic Impact of the Golf Majors," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 25, Edward Elgar Publishing.
    3. Philip K. Porter & Daniel M. Chin, 2012. "Economic Impact of Sports Events," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 15, Edward Elgar Publishing.
    4. Stephen P. Ferris & Sulgi Koo & Kwangwoo Park & David T. Yi, 2022. "The Effects of Hosting Mega Sporting Events on Local Stock Markets and Sustainable Growth," Sustainability, MDPI, vol. 15(1), pages 1-15, December.
    5. Christopher Vierhaus, 2019. "The international tourism effect of hosting the Olympic Games and the FIFA World Cup," Tourism Economics, , vol. 25(7), pages 1009-1028, November.
    6. Michał Marcin Kobierecki & Michał Pierzgalski, 2022. "Sports Mega-Events and Economic Growth: A Synthetic Control Approach," Journal of Sports Economics, , vol. 23(5), pages 567-597, June.
    7. Wolfgang Maennig, 2017. "Major Sports Events: Economic Impact," Working Papers 058, Chair for Economic Policy, University of Hamburg.
    8. Pamela Wicker & John C Whitehead & Daniel S Mason & Bruce K Johnson, 2017. "Public support for hosting the Olympic Summer Games in Germany: The CVM approach," Urban Studies, Urban Studies Journal Limited, vol. 54(15), pages 3597-3614, November.
    9. Chen, Yongqi & Riddell, Jordan R. & Hill, Joshua B. & Chen, Peng & Piquero, Alex R. & Kurland, Justin, 2022. "Gold, silver, and bronze: Measuring the impact of the Beijing 2008, London 2012, and Rio de Janeiro 2016 Olympics on crime," Journal of Criminal Justice, Elsevier, vol. 78(C).
    10. Koyo Miyoshi & Masaru Sasaki, 2016. "The Long‐Term Impacts of the 1998 Nagano Winter Olympic Games on Economic and Labor Market Outcomes," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(1), pages 43-65, January.
    11. Feddersen, Arne & Maennig, Wolfgang, 2012. "Sectoral labour market effects of the 2006 FIFA World Cup," Labour Economics, Elsevier, vol. 19(6), pages 860-869.
    12. Robert Baumann & Victor Matheson, 2018. "Mega‐Events And Tourism: The Case Of Brazil," Contemporary Economic Policy, Western Economic Association International, vol. 36(2), pages 292-301, April.
    13. Daniel Weimar & Claudio M. Rocha, 2019. "Does Distance Matter? Geographical Distance and Domestic Support for Mega Sports Events," Journal of Sports Economics, , vol. 20(2), pages 286-313, February.
    14. Roberto Gásquez & Vicente Royuela, 2014. "Is Football an Indicator of Development at the International Level?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 117(3), pages 827-848, July.
    15. Wolfgang Maennig & Andrew Zimbalist (ed.), 2012. "International Handbook on the Economics of Mega Sporting Events," Books, Edward Elgar Publishing, number 14313.
    16. Juan Luis Nicolau & Abhinav Sharma & Tal Zarankin, 2019. "The effect of the 2018 Giro d’Italia on Israel’s tourism firm value," Tourism Economics, , vol. 25(7), pages 1070-1083, November.
    17. Arne Feddersen & Wolfgang Maennig, 2009. "Wage and Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered," Working Papers 0916, International Association of Sports Economists;North American Association of Sports Economists.
    18. John Charles Bradbury, 2022. "Does hosting a professional sports team benefit the local community? Evidence from property assessments," Economics of Governance, Springer, vol. 23(3), pages 219-252, December.
    19. Ogawa, Ryoh, 2017. "Using REIT Data to Assess the Economic Worth of Mega-Events: The Case of the 2020 Tokyo Olympics," MPRA Paper 78829, University Library of Munich, Germany.
    20. Gregor Pfeifer & Fabian Wahl & Martyna Marczak, 2018. "Illuminating the World Cup effect: Night lights evidence from South Africa," Journal of Regional Science, Wiley Blackwell, vol. 58(5), pages 887-920, November.

    More about this item

    Keywords

    sporting events; economics; crime; olympics;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wvu:wpaper:18-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Feng Yao (email available below). General contact details of provider: https://edirc.repec.org/data/dewvuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.