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Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah

Listed author(s):
  • Baumann Robert

    ()

    (Department of Economics, Box 192A, College of the Holy Cross, Worcester, MA 01610-2395, USA)

  • Engelhardt Bryan

    ()

    (Department of Economics, Box 219A, College of the Holy Cross,Worcester, MA 01610-2395, USA.)

  • Matheson Victor A.

    ()

    (Department of Economics, Box 157A, College of the Holy Cross, Worcester, MA 01610-2395, USA.)

Local, state, and federal governments, along with the Salt Lake City Organizing Committee, spent roughly $1.9 billion in planning and hosting the 2002 Winter Olympic Games. Event promoters suggested that the Games would increase employment in the state by 35,000 job-years. We investigate whether the 2002 Winter Olympics actually increased employment finding that the Games’ impact was a fraction of that claimed by the boosters.While the Salt Lake City Olympics did increase employment overall by between 4,000 and 7,000 jobs, these gains were concentrated in the leisure industry, and the Games had little to no effect on employment after 12 months.

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File URL: https://www.degruyter.com/view/j/jbnst.2012.232.issue-3/jbnst-2012-0309/jbnst-2012-0309.xml?format=INT
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Article provided by De Gruyter in its journal Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik).

Volume (Year): 232 (2012)
Issue (Month): 3 (June)
Pages: 308-317

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Handle: RePEc:jns:jbstat:v:232:y:2012:i:3:p:308-317
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