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
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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 CC license description