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The agglomeration effect of the Athens 2004 Olympic Games

Author

Listed:
  • José M. Albert

    (Universitat Jaume I)

  • Nikolaos Georgantzis

    (GLOBE & Economics Department, University of Granada, Spain
    LEE & Economics Department, Universitat Jaume I, Castellón-Spain)

  • Jorge Mateu

    (Universitat Jaume I)

  • José I. Silva

    (Universitat de Girona)

Abstract

In this paper, we analyze the spatial distribution of economic activity and labor market variables in Greece from 1980 to 2006. Using a distance-based method within a stochastic point process, we identify two periods with opposite trends regarding the concentration of economic activity in the Greek territory. First, twenty years (1980- 1999) of a moderately decreasing trend of agglomeration due to systematic e®orts by the Greek governments to decentralize the economic activity away from the capital. Second, a short period (2000-2006) of sharp increases in agglomeration, coinciding -in space and time- with the public and private investments for the 2004 Olympic Games in Athens. In the same period, a similar e®ect of a smaller size is observed on the concentration of the labor force, employment and unemployment.

Suggested Citation

  • José M. Albert & Nikolaos Georgantzis & Jorge Mateu & José I. Silva, 2012. "The agglomeration effect of the Athens 2004 Olympic Games," Working Papers 2012/02, Economics Department, Universitat Jaume I, Castellón (Spain).
  • Handle: RePEc:jau:wpaper:2012/02
    as

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    References listed on IDEAS

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    1. Ellison, Glenn & Glaeser, Edward L, 1997. "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," Journal of Political Economy, University of Chicago Press, vol. 105(5), pages 889-927, October.
    2. Kasimati, Evangelia & Dawson, Peter, 2009. "Assessing the impact of the 2004 Olympic Games on the Greek economy: A small macroeconometric model," Economic Modelling, Elsevier, vol. 26(1), pages 139-146, January.
    3. Eric Marcon & Florence Puech, 2003. "Evaluating the Geographic Concentration of Industries Using Distance-Based Methods," Post-Print halshs-00372646, HAL.
    4. Eric Marcon & Florence Puech, 2003. "Evaluating the Geographic Concentration of Industries Using Distance-Based Methods," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00372646, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Concentration; Olympic Games; D-function; L-function; K-function; point process; spatial economics.;
    All these keywords.

    JEL classification:

    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Econometric and Statistical Methods; Specific Distributions
    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

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