| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w14854 |
| 来源ID | Working Paper 14854 |
| The Olympic Effect | |
| Andrew K. Rose; Mark M. Spiegel | |
| 发表日期 | 2009-04-08 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | Economists are skeptical about the economic benefits of hosting "mega-events" such as the Olympic Games or the World Cup, since such activities have considerable cost and seem to yield few tangible benefits. These doubts are rarely shared by policy-makers and the population, who are typically quite enthusiastic about such spectacles. In this paper, we reconcile these positions by examining the economic impact of hosting mega-events like the Olympics; we focus on trade. Using a variety of trade models, we show that hosting a mega-event like the Olympics has a positive impact on national exports. This effect is statistically robust, permanent, and large; trade is around 30% higher for countries that have hosted the Olympics. Interestingly however, we also find that unsuccessful bids to host the Olympics have a similar positive impact on exports. We conclude that the Olympic effect on trade is attributable to the signal a country sends when bidding to host the games, rather than the act of actually holding a mega-event. We develop a political economy model that formalizes this idea, and derives the conditions under which a signal like this is used by countries wishing to liberalize. |
| 主题 | International Economics ; Trade ; Industrial Organization ; Industry Studies |
| URL | https://www.nber.org/papers/w14854 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572529 |
| 推荐引用方式 GB/T 7714 | Andrew K. Rose,Mark M. Spiegel. The Olympic Effect. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w14854.pdf（285KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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