Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93228
Year of Publication: 
2012
Series/Report no.: 
Hamburg Contemporary Economic Discussions No. 42
Version Description: 
Version: January 2012
Publisher: 
University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy, Hamburg
Abstract: 
Rose & Spiegel (2011) find that Olympic Games host countries experience significant positive, lasting effects on exports. They interpret their results as an indication that countries use the hosting of such events to signal openness and competitiveness. We challenge these empirical findings on the grounds that a comparison of structurally different and non-matching groups of countries might suffer from a selection bias. We demonstrate that with an appropriate matching and treatment methodology, the significant Olympic effect disappears.
Subjects: 
export
Olympic Games
international trade
treatment
matching
JEL: 
F1
L83
ISBN: 
978-3-940369-99-4
Document Type: 
Working Paper

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