G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8516
DP8516 For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics
Evi Pappa; Markus Brückner
发表日期2011-08-01
出版年2011
语种英语
摘要The hosting and bidding for the Olympic Games is a natural experiment to test for anticipation effects in macroeconomics. We examine these effects using panel data for 184 countries during the period 1950-2006. We find that hosting the Games generates positive investment, consumption, and output responses already before the hosting of the Games. We also detect significant anticipation effects in countries that bid for the Games. While bidding for the Games has a transitory level effect, hosting the Games has a permanent level effect.
主题International Macroeconomics
关键词Anticipation Mega event Natural experiment
URLhttps://cepr.org/publications/dp8516
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/537350
推荐引用方式
GB/T 7714
Evi Pappa,Markus Brückner. DP8516 For an Olive Wreath? Olympic Games and Anticipation Effects in Macroeconomics. 2011.
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