Wage and Employment Effects of the Olympic Games in Atlanta 1996 Reconsidered

Arne Feddersen () and Wolfgang Maennig ()

No 25, Working Papers from Chair for Economic Policy, University of Hamburg

Abstract: We estimate the economic effects of the 1996 Atlanta Olympic Games. Our difference in difference model checks for serial correlation and allows for a simultaneous test of level and trend effects, but otherwise follows HOTCHKISS, MOORE, & ZOBAY (2003) in this journal. We were not able to reconfirm their finding that the Games had significant positive employment effects. We do, however, reaffirm their result of no significant wage effects.

Keywords: Olympic Games; Sports Economics; Mega Events (search for similar items in EconPapers)
JEL-codes: H54 R12 L83 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab and nep-spo
Date: 2009-05
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Published in Hamburg Contemporary Economic Discussions, Issue 25, 2009

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http://www.hced.uni-hamburg.de/WorkingPapers/025.pdf First version, 2009 (application/pdf)

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Persistent link: http://EconPapers.repec.org/RePEc:hce:wpaper:025

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