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Regional Income and Employment Effects of the 1972 Munich Olympic Summer Games

Stephanie Jasmand and Wolfgang Maennig

No 7, Working Papers from Chair for Economic Policy, University of Hamburg

Abstract: Olympic Games may have impacts on income and employment in the host city, but no ex post study has been carried out for European Olympic host cities to date. The present study closes this gap using the 1972 Munich Olympic Games. The data period examined in this study allows for analysis of long-term effects. In addition, the methodology avoids overestimating the significance of the effects. Finally, we report results for all possible combinations of pre- and post-Olympic periods. The results: income in Olympic regions grew significantly faster than in other German regions. In contrast, no employment effects were identified.

Keywords: Olympic Games; mega events; income; employment (search for similar items in EconPapers)
JEL-codes: L83 O18 R11 R53 R58 (search for similar items in EconPapers)
Pages: 29 pages
Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (28)

Published in Hamburg Contemporary Economic Discussions, Issue 07, 2007

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http://www.hced.uni-hamburg.de/WorkingPapers/HCED_07.pdf First version, 2007 (application/pdf)

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