IDEAS home Printed from https://ideas.repec.org/a/pal/easeco/v35y2009i4p520-530.html

Rejecting “Conventional” Wisdom: Estimating the Economic Impact of National Political Conventions

Author

Listed:
  • Robert A Baade

    (Department of Economics and Business, Lake Forest College, Lake Forest, IL 60045 USA.)

  • Robert Baumann

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

  • Victor A Matheson

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

Abstract

This paper provides an empirical examination of the economic impact of the Democratic and Republican National Conventions on local economies. Our analysis from 1970–2005 of the 50 largest metropolitan areas in the country, including all cities that have hosted one of the national conventions during this time period, finds that the presence of the Republican or the Democratic National Convention has no discernable impact on employment, personal income, or personal income per capita in the cities where the events were held confirming the results of other ex post analyses of mega-events.

Suggested Citation

  • Robert A Baade & Robert Baumann & Victor A Matheson, 2009. "Rejecting “Conventional” Wisdom: Estimating the Economic Impact of National Political Conventions," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 35(4), pages 520-530.
    • Handle: RePEc:pal:easeco:v:35:y:2009:i:4:p:520-530
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/eej/journal/v35/n4/pdf/eej200925a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/eej/journal/v35/n4/full/eej200925a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Dennis Coates, 2012. "Not-So-Mega Events," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 23, Edward Elgar Publishing.
    2. Raffaello Bronzini & Sauro Mocetti & Matteo Mongardini, 2020. "The economic effects of big events: Evidence from the great jubilee 2000 in Rome," Journal of Regional Science, Wiley Blackwell, vol. 60(4), pages 801-822, September.
    3. Robert Baumann & Bryan Engelhardt & Victor A. Matheson, 2010. "Research Note: Hail to the Chief: Assessing the Economic Impact of Presidential Inaugurations on the Washington, DC, Local Economy," Tourism Economics, , vol. 16(4), pages 1081-1087, December.
    4. Dennis Coates & Craig A. Depken,, 2011. "Mega-Events: Is Baylor Football to Waco What the Super Bowl is to Houston?," Journal of Sports Economics, , vol. 12(6), pages 599-620, December.
    5. Robert Baumann & Bryan Engelhardt & Victor Matheson, 2009. "Hail to the Chief: Assessing the Economic Impact of Presidential Inaugurations on the Washington, D.C. Local Economy," Working Papers 0901, College of the Holy Cross, Department of Economics.
    6. Jones, Calvin & Li, ShiNa, 2015. "The economic importance of meetings and conferences: A satellite account approach," Annals of Tourism Research, Elsevier, vol. 52(C), pages 117-133.

    More about this item

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

    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:pal:easeco:v:35:y:2009:i:4:p:520-530. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    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.