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Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah
-
Robert Baumann
,
Bryan Engelhardt
Published/Copyright:
March 16, 2016
Summary
Local, state, and federal governments, along with the Salt Lake City Organizing Committee, spent roughly $1.9 billion in planning and hosting the 2002 Winter Olympic Games. Event promoters suggested that the Games would increase employment in the state by 35,000 job-years. We investigate whether the 2002 Winter Olympics actually increased employment finding that the Games’ impact was a fraction of that claimed by the boosters.While the Salt Lake City Olympics did increase employment overall by between 4,000 and 7,000 jobs, these gains were concentrated in the leisure industry, and the Games had little to no effect on employment after 12 months.
Online erschienen: 2016-3-16
Erschienen im Druck: 2012-6-1
© 2012 by Lucius & Lucius, Stuttgart
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Articles in the same Issue
- Inhalt / Contents
- Guest Editorial
- Abhandlungen / Original Papers
- One for Sure or Maybe Three
- Beating thy Neighbor: Derby Effects in German Professional Soccer
- Empirical Evidence on the “Never Change a Winning Team” Heuristic
- A Market’s Reward Scheme, Media Attention, and the Transitory Success of Managerial Change
- Gold, Silver, and Bronze: Determining National Success in Men’s and Women’s Summer Olympic Events
- Inner-Outer Lane Advantage in Olympic 1000 Meter Speed Skating
- Employment Effects of the 2002 Winter Olympics in Salt Lake City, Utah
- The Effects of Institutional Change in European Soccer
- A Contest Model of a Professional Sports League with Two-Sided Markets
- Infant Mortality of Professional Sports Clubs: An Organizational Ecology Perspective
- Buchbesprechung / Book Review
