The agglomeration effect of the Athens 2004 Olympic Games

José M. Albert (), Nikolaos Georgantzís (), Jorge Mateu () and José Silva
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José M. Albert: Universitat Jaume I
Jorge Mateu: Universitat Jaume I

No 2012/02, Working Papers from Economics Department, Universitat Jaume I, Castellón (Spain)

Abstract: In this paper, we analyze the spatial distribution of economic activity and labor market variables in Greece from 1980 to 2006. Using a distance-based method within a stochastic point process, we identify two periods with opposite trends regarding the concentration of economic activity in the Greek territory. First, twenty years (1980- 1999) of a moderately decreasing trend of agglomeration due to systematic e®orts by the Greek governments to decentralize the economic activity away from the capital. Second, a short period (2000-2006) of sharp increases in agglomeration, coinciding -in space and time- with the public and private investments for the 2004 Olympic Games in Athens. In the same period, a similar e®ect of a smaller size is observed on the concentration of the labor force, employment and unemployment.

Keywords: Concentration; Olympic Games; D-function; L-function; K-function; point process; spatial economics. (search for similar items in EconPapers)
JEL-codes: C15 C16 C21 L16 R10 R50 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2012
New Economics Papers: this item is included in nep-geo, nep-spo and nep-ure
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