Title |
Economic impacts of hosting the winter olympics on GDP per capita / |
Translation of Title |
Žiemos olimpinių žaidynių poveikis ekonomikai BVP vienam gyventojui kontekste. |
Authors |
Žečkytė, Aistė |
DOI |
10.15388/LJS.2021.26447 |
Full Text |
|
Is Part of |
Lietuvos statistikos darbai.. Vilnius : Vilniaus universiteto leidykla. 2022, t. 60, Nr. 1, p. 44-58.. ISSN 1392-642X. eISSN 2029-7262 |
Keywords [eng] |
Winter Olympics ; difference-in-difference ; Gross Domestic Product ; economic growth ; long-term |
Abstract [eng] |
The Winter Olympics have been held since 1924, and each time host countries spend billions on organization, so it is important for them to know if this pays off in the future. This paper examines whether hosting the Winter Olympic Games yields long-term economic benefits. To achieve this, the difference-in-difference model for relative changes in Gross Domestic Product per capita was estimated. A difference-in-difference estimator examines post-Olympic impacts for host countries between 1972 and 2014. Regression results provide no additional long term impacts of hosting the Winter Olympics on GDP per capita. |
Published |
Vilnius : Vilniaus universiteto leidykla |
Type |
Journal article |
Language |
English |
Publication date |
2022 |
CC license |
|