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Regional Income and Employment Effects of the 1972 Munich Summer Olympic Games

Regional Studies, Vol. 42, No. 7, 2008

Posted: 12 Jan 2010

See all articles by Stephanie Jasmand

Stephanie Jasmand

Hamburg Institute of International Economics (HWWI)

Wolfgang Maennig

Universität Hamburg, Faculty of Business, Economics and Social Sciences

Date Written: January, 12 2010

Abstract

Olympic Games may have impacts on income and employment in the host city, but no ex post study has been carried out for European Olympic host cities to date. The present study closes this gap using the 1972 Munich Olympic Games. The data period examined in this study allows for analysis of long-term effects. In addition, the methodology avoids overestimating the significance of the effects. Finally, we report results for all possible combinations of pre- and post-Olympic periods. The results: income in Olympic regions grew significantly faster than in other German regions. In contrast, no employment effects were identified.

Keywords: Olympic Games, mega events, income, employment

JEL Classification: L83, O18, R11, R53, R58

Suggested Citation

Jasmand, Stephanie and Maennig, Wolfgang, Regional Income and Employment Effects of the 1972 Munich Summer Olympic Games (January, 12 2010). Regional Studies, Vol. 42, No. 7, 2008, Available at SSRN: https://ssrn.com/abstract=1535189

Stephanie Jasmand

Hamburg Institute of International Economics (HWWI) ( email )

Heimhuder Strasse 71
Hamburg, DE Hamburg 20148
Germany

Wolfgang Maennig (Contact Author)

Universität Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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