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The Labor Market Effects of the Salt Lake City Winter Olympics

Robert Baumann (), Bryan Engelhardt and Victor Matheson ()

No 1002, Working Papers from College of the Holy Cross, Department of Economics

Abstract: The local, state, and federal governments, along with the Salt Lake City Organizing Committee, spent roughly $1.9 billion in direct costs related to planning and hosting the 2002 Winter Olympic Games. In this paper, we investigate whether these expenditures increased employment. At the state level, we find strong evidence it increased employment in leisure related industries in the short run and potentially in the long run. However, the results indicate it had no long term impact on employment in retail trade or in the overall economy.

Keywords: Olympics; impact analysis; mega-event; tourism (search for similar items in EconPapers)
JEL-codes: J21 L83 O18 R53 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2010-05
New Economics Papers: this item is included in nep-lab, nep-tur and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Volume 232, Number 3, June 2012, Pages 308-317.

Downloads: (external link)
https://hcapps.holycross.edu/hcs/RePEc/hcx/HC1002- ... ardt_SLCOlympics.pdf (application/pdf)

Related works:
Journal Article: Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah (2012) Downloads
Working Paper: The Labor Market Effects of the Salt Lake City Winter Olympics (2010) Downloads
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