Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah
Robert Baumann (),
Bryan Engelhardt and
Victor Matheson ()
Authors registered in the RePEc Author Service: Arevalo Flores Victor, Jr.
Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 2012, vol. 232, issue 3, 308-317
Local, state, and federal governments, along with the Salt Lake City Organizing Committee, spent roughly $1.9 billion in planning and hosting the 2002 Winter Olympic Games. Event promoters suggested that the Games would increase employment in the state by 35,000 job-years. We investigate whether the 2002 Winter Olympics actually increased employment finding that the Games’ impact was a fraction of that claimed by the boosters.While the Salt Lake City Olympics did increase employment overall by between 4,000 and 7,000 jobs, these gains were concentrated in the leisure industry, and the Games had little to no effect on employment after 12 months.
Keywords: Olympics; impact analysis; mega-event; tourism (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:232:y:2012:i:3:p:308-317
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