Is it the economy, stupid? The role of social versus economic factors in people’s support for hosting the Olympic Games: evidence from 12 democratic countries
Tobias Streicher,
Sascha Schmidt (),
Dominik Schreyer and
Benno Torgler
Applied Economics Letters, 2017, vol. 24, issue 3, 170-174
Abstract:
Public referenda have gained momentum as a democratic tool to legitimize public mega projects such as hosting the Olympic Games. Interest groups in favour of hosting the Olympics therefore try to influence voters through public campaigns that primarily focus on economic benefits. However, recent studies find no or hardly any economic impact of hosting the Olympics, instead providing evidence for a positive social impact. This raises the question whether citizens consider economic or social factors when deciding on hosting the Olympics. Based on representative survey data from 12 countries, our results suggest that economic factors can influence voting behaviour, although the influence of social factors is stronger.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:taf:apeclt:v:24:y:2017:i:3:p:170-174
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DOI: 10.1080/13504851.2016.1173175
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