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

Contemporary Economic Policy, 31(3), 2013

Posted: 18 May 2017 Last revised: 20 May 2017

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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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. Contemporary Economic Policy, 31(3), 2013. Available at SSRN: https://ssrn.com/abstract=2970535

Arne Feddersen

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

DK-5230 Odense
Denmark

Wolfgang Maennig (Contact Author)

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

Von-Melle-Park 5
Hamburg, 20146
Germany

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