Rejecting 'Conventional' Wisdom: Estimating the Economic Impact of National Political Conventions

11 Pages Posted: 12 Oct 2010  

Robert A. Baade

affiliation not provided to SSRN

Robert W. Baumann

College of the Holy Cross

Victor A. Matheson

Williams College - Department of Economics

Date Written: 2009

Abstract

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.

Suggested Citation

Baade, Robert A. and Baumann, Robert W. and Matheson, Victor A., Rejecting 'Conventional' Wisdom: Estimating the Economic Impact of National Political Conventions (2009). Eastern Economic Journal, Vol. 35, Issue 4, pp. 520-530, 2009. Available at SSRN: https://ssrn.com/abstract=1688818 or http://dx.doi.org/10.1057/eej.2009.25

Robert A. Baade (Contact Author)

affiliation not provided to SSRN

No Address Available

Robert W. Baumann

College of the Holy Cross ( email )

1 College Street
Worcester, MA 01610-2395
United States

Victor A. Matheson

Williams College - Department of Economics ( email )

Fernald House
Williamstown, MA 01267
United States
413-597-2144 (Phone)
413-597-4045 (Fax)

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