Rejecting 'Conventional' Wisdom: Estimating the Economic Impact of National Political Conventions
Robert A. Baade
affiliation not provided to SSRN
Robert W. Baumann
College of the Holy Cross
Victor A. Matheson
Williams College - Department of Economics
Eastern Economic Journal, Vol. 35, Issue 4, pp. 520-530, 2009
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.
Number of Pages in PDF File: 11Accepted Paper Series
Date posted: October 12, 2010
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