Exports and Olympic Games: Is there a Signal Effect?

Wolfgang Maennig and Felix Richter

No 42, Working Papers from Chair for Economic Policy, University of Hamburg

Abstract: Rose & Spiegel (2011) find that Olympic Games host countries experience significant positive, lasting effects on exports. They interpret their results as an indication that countries use the hosting of such events to signal openness and competitiveness. We challenge these empirical findings on the grounds that a comparison of structurally different and non-matching groups of countries might suffer from a selection bias. We demonstrate that with an appropriate matching and treatment methodology, the significant Olympic effect disappears.

Keywords: Keywords: export; Olympic Games; international trade; treatment; matching (search for similar items in EconPapers)
JEL-codes: F1 L83 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2012-01-30
New Economics Papers: this item is included in nep-spo and nep-tur
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (39)

Published in Hamburg Contemporary Economic Discussions, Issue 42, 2012

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http://www.hced.uni-hamburg.de/WorkingPapers/HCED-042.pdf Second version, 2012 (application/pdf)

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Journal Article: Exports and Olympic Games (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hce:wpaper:042

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