Wage and Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered

Hamburg Contemporary Economic Discussion Paper No. 25

13 Pages Posted: 11 Dec 2009  

Arne Feddersen

Hamburg University of Economics and Politics

Wolfgang Maennig

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences

Date Written: May 2009

Abstract

We estimate the economic effects of the 1996 Atlanta Olympic Games. Our difference in difference model checks for serial correlation and allows for a simultaneous test of level and trend effects, but otherwise follows HOTCHKISS, MOORE, & ZOBAY (2003) in this journal. We were not able to reconfirm their finding that the Games had significant positive employment effects. We do, however, reaffirm their result of no significant wage effects.

Keywords: Olympic Games, sports economics, mega events

JEL Classification: H54, R12, L83

Suggested Citation

Feddersen, Arne and Maennig, Wolfgang, Wage and Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered (May 2009). Hamburg Contemporary Economic Discussion Paper No. 25. Available at SSRN: https://ssrn.com/abstract=1520580 or http://dx.doi.org/10.2139/ssrn.1520580

Arne Feddersen

Hamburg University of Economics and Politics ( email )

Von-Melle-Park 9
Hamburg, 20149
Germany

Wolfgang Maennig (Contact Author)

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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