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

Author

Listed:
  • Stephanie Jasmand
  • Wolfgang Maennig

    (Chair for Economic Policy, University of Hamburg)

Abstract

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 using the 1972 Munich 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, we report results for all possible combinations of pre- and post-Olympic periods. The results: income in Olympic regions grew significantly faster than in other German regions. In contrast, no employment effects were identified.

Suggested Citation

  • Stephanie Jasmand & Wolfgang Maennig, 2007. "Regional Income and Employment Effects of the 1972 Munich Olympic Summer Games," Working Papers 007, Chair for Economic Policy, University of Hamburg.
    • Handle: RePEc:hce:wpaper:007
    as

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    File URL: http://www.hced.uni-hamburg.de/WorkingPapers/HCED_07.pdf
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    References listed on IDEAS

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    5. Bade, Franz-Josef & Niebuhr, Annekatrin & Schonert, Matthias, 2000. "Spatial Structural Change - Evidence and Prospects," Discussion Paper Series 26157, Hamburg Institute of International Economics.
    6. Dennis Coates & Brad R. Humphreys, 2003. "Professional Sports Facilities, Franchises and Urban Economic Development," UMBC Economics Department Working Papers 03-103, UMBC Department of Economics.
    7. Holger Preuss, 2004. "The Economics of Staging the Olympics," Books, Edward Elgar Publishing, number 3473.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Olympic Games; mega events; income; employment;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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