Mega‐Events and Sectoral Employment: The Case of the 1996 Olympic Games

24 Pages Posted: 7 May 2013

See all articles by Arne Feddersen

Arne Feddersen

University of Southern Denmark - Department of Environmental and Business Economics

Wolfgang Maennig

Universität Hamburg, Faculty of Business, Economics and Social Sciences

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Date Written: July 2013

Abstract

Using the data of the 1996 Olympic Games, this paper analyzes the economic impact of a mega‐sporting event. Earlier studies are extended in several ways. First, monthly rather than quarterly data are employed. Second, the impact is analyzed for 16 different sectors. Third, we use a nonparametric approach to flexibly isolate employment effects. Hardly any evidence for a persistent shift in the aftermath of or the preparation for the Olympic Games is supported. We find significant positive employment effects exclusively during the Olympic Games. These short‐term effects are concentrated in the sectors of “retail trade," “accommodation and food services," and “arts, entertainment, and recreation."

JEL Classification: H54, R12, L83

Suggested Citation

Feddersen, Arne and Maennig, Wolfgang, Mega‐Events and Sectoral Employment: The Case of the 1996 Olympic Games (July 2013). Contemporary Economic Policy, Vol. 31, Issue 3, pp. 580-603, 2013, Available at SSRN: https://ssrn.com/abstract=2261562 or http://dx.doi.org/10.1111/j.1465-7287.2012.00327.x

Arne Feddersen (Contact Author)

University of Southern Denmark - Department of Environmental and Business Economics ( email )

DK-5230 Odense
Denmark

Wolfgang Maennig

Universität Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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