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Regional Income and Employment Effects of the 1972 Munich Summer Olympic Games

Author

Listed:
  • Stephanie Jasmand
  • Wolfgang Maennig

Abstract

Jasmand S. and Maennig W. Regional income and employment effects of the 1972 Munich Summer Olympic Games, Regional Studies. Olympic Games may have impacts on income and employment in the host city, but no ex-post study has been carried out for European Olympic host cities to date. The present study closes this gap by using the 1972 Munich Summer Olympic Games. The data period examined in this study allows for analysis of long-term effects. In addition, the methodology avoids overestimating the significance of the effects. Finally, results are reported for all possible combinations of pre- and post-Olympic periods. The results were that income in Olympic regions grew significantly faster than in other German regions but, in contrast, no employment effects were identified. [image omitted] Jasmand S. et Maennig W. Incidences des Jeux olympiques d'ete de 1972 a Munich sur les revenus et l'emploi, Regional Studies. Il est possible que les Jeux olympiques aient des incidences sur les revenus et l'emploi dans la ville-hote; or, jusqu'a present, aucune etude a posteriori n'a ete conduite pour des villes europeennes ayant accueilli les Jeux olympiques. La presente etude comble cette lacune en se consacrant aux Jeux olympiques de 1972 a Munich. La periode examinee pour cette etude permet d'analyser les effets a long terme. De plus, la methodologie utilisee evite de surestimer l'importance de ces effets. Enfin, nous donnons des resultats pour toutes les combinaisons possibles de periodes avant et apres des Jeux olympiques. On constate que les revenus dans les regions ou se sont deroules les Jeux ont augmente nettement plus rapidement que dans d'autres regions d'Allemagne. En revanche, on ne constate aucun effet sur l'emploi. Jeux olympiques Mega evenement Revenu Emploi Jasmand S. und Maennig W. Regionale Einkommens- und Beschaftigungseffekte der Olympischen Sommerspiele von Munchen 1972, Regional Studies. Olympische Spiele konnen Wirkungen auf Einkommen und Beschaftigung in den Ausrichterstadten haben. Die vorliegende Studie ist die erste entsprechende Untersuchung fur eine europaische Stadt. Die Lange der Untersuchungsperiode erlaubt erstmals die Analyse von langfristigen Effekten. Zudem vermeidet die verwendete Methode eine Uberschatzung der Signifikanz der Effekte. Schliesslich werden die Ergebnisse aller denkbaren Kombinationen von vor- und nacholympischen Perioden berichtet. Die Einkommen in Olympischen Regionen stiegen signifikant schneller als in anderen deutschen Regionen. Beschaftigungswirkungen sind hingegen nicht nachweisbar. Olympische Spiele Mega-Ereignisse Einkommen Beschaftigung Jasmand S. y Maennig W. Ingresos regionales y efectos en el empleo de los Juegos Olimpicos de Verano de Munich de 1972, Regional Studies. Aunque los Juegos Olimpicos podrian influir en los ingresos y el empleo de la ciudad anfitriona, hasta ahora todavia no se ha llevado a cabo un estudio ex-post para los Juegos Olimpicos en ciudades anfitrionas europeas. El presente estudio cubre este vacio con un analisis sobre los Juegos Olimpicos de Munich de 1972. Examinando los datos durante ese periodo en este estudio podemos analizar los efectos a largo plazo. Ademas, la metodologia utilizada evita valorar en exceso la importancia de tales efectos. Finalmente, damos los resultados de todas las combinaciones posibles de los periodos antes y despues de los Juegos Olimpicos. Resultados: los ingresos en las regiones donde se celebraron los Juegos Olimpicos crecieron mucho mas rapido que los de otras regiones alemanas. En cambio no se observaron efectos en el empleo. Juegos Olimpicos Mega eventos Ingresos Empleo

Suggested Citation

  • Stephanie Jasmand & Wolfgang Maennig, 2008. "Regional Income and Employment Effects of the 1972 Munich Summer Olympic Games," Regional Studies, Taylor & Francis Journals, vol. 42(7), pages 991-1002.
  • Handle: RePEc:taf:regstd:v:42:y:2008:i:7:p:991-1002
    DOI: 10.1080/00343400701654095
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    References listed on IDEAS

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    1. Buettner Thiess & Rincke Johannes, 2007. "Labor Market Effects of Economic Integration: The Impact of Re-Unification in German Border Regions," German Economic Review, De Gruyter, vol. 8(4), pages 536-560, December.
    2. Susan Athey & Guido W. Imbens, 2006. "Identification and Inference in Nonlinear Difference-in-Differences Models," Econometrica, Econometric Society, vol. 74(2), pages 431-497, March.
    3. Marianne Bertrand & Esther Duflo & Sendhil Mullainathan, 2004. "How Much Should We Trust Differences-In-Differences Estimates?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 119(1), pages 249-275.
    4. Holger Preuss, 2004. "The Economics of Staging the Olympics," Books, Edward Elgar Publishing, number 3473.
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