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Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered

Author

Listed:
  • Arne Feddersen

    (University of Southern Denmark)

  • Wolfgang Maennig

    (University of Hamburg)

Abstract

This paper investigates the regional economic impact of the 1996 Olympic Games in Georgia. It questions the findings of Hotchkiss, Moore, and Zobay (2003), who identify significant positive effects of the Olympics on employment in Georgia/USA by first challenging their approach that used a level shift model with no trend inclusion. Second, the original trend regressions are modified to capture spline trend shifts. Third, a nonparametric identification strategy using complex continuous treatment measures extends the original study. After controlling for the two concerns and extending the empirical strategy, this paper is not able to reject the hypothesis that there was no employment boost in Georgia caused by the Olympics.

Suggested Citation

  • Arne Feddersen & Wolfgang Maennig, 2013. "Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered," International Journal of Sport Finance, Fitness Information Technology, vol. 8(2), pages 95-111, May.
    • Handle: RePEc:jsf:intjsf:v:8:y:2013:i:2:p:95-111
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    More about this item

    Keywords

    Olympic Games; Atlanta 1996; sports economics; mega event; economic impact analysis;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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