Hamburg Contemporary Economic Discussion Paper No. 25
13 Pages Posted: 11 Dec 2009
Date Written: May 2009
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: 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