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Erscheinungsjahr: 
2013
Schriftenreihe/Nr.: 
CESifo Working Paper No. 4378
Verlag: 
Center for Economic Studies and ifo Institute (CESifo), Munich
Zusammenfassung: 
Hosting a mega-event is a costly activity of short duration. Still, cities frequently compete to become host of all types of events. This paper examines the effect of staging the largest and most important sporting event in the world, the Summer Olympic Games, on the host city. Applying a difference-in-differences methodology, we analyze the rates of population growth of Olympic cities, candidate cities and other large cities in host and candidate countries over the period from 1860 to 2010. We find that, following the Games, host cities experience a measurable decline in population growth relative to cities in the control group. Our results indicate that being awarded the Summer Olympics has, on average, a negative impact on cities.
Schlagwörter: 
mega-events
impact
host city
city size
JEL: 
F53
N90
O18
R12
R23
Dokumentart: 
Working Paper
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