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The IOC’s midas touch: Summer Olympics and city growth

Nitsch, Volker and Wendland, Nicolai (2017):
The IOC’s midas touch: Summer Olympics and city growth.
In: Urban Studies, SAGE Publishing, pp. 971-983, 54, (4), DOI: 10.1177/0042098015623719, [Online-Edition: http://dx.doi.org/10.1177/0042098015623719],
[Article]

Abstract

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 analyse the population size 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 do not experience a measurable increase in population size relative to cities in the control group. On the contrary, to the extent that any effect of hosting the Games is identifiable, our results indicate that being awarded the Summer Olympics has a negative impact on cities.

Item Type: Article
Erschienen: 2017
Creators: Nitsch, Volker and Wendland, Nicolai
Title: The IOC’s midas touch: Summer Olympics and city growth
Language: English
Abstract:

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 analyse the population size 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 do not experience a measurable increase in population size relative to cities in the control group. On the contrary, to the extent that any effect of hosting the Games is identifiable, our results indicate that being awarded the Summer Olympics has a negative impact on cities.

Journal or Publication Title: Urban Studies
Volume: 54
Number: 4
Publisher: SAGE Publishing
Uncontrolled Keywords: city size, host city, impact, mega-events
Divisions: 01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete > International Economics
01 Department of Law and Economics > Volkswirtschaftliche Fachgebiete
01 Department of Law and Economics
Date Deposited: 21 Feb 2016 21:27
DOI: 10.1177/0042098015623719
Official URL: http://dx.doi.org/10.1177/0042098015623719
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