Document Type
Working Paper
Date of This Version
5-1-2010
Keywords
Olympics, impact analysis, mega-event, tourism
Abstract
The local, state, and federal governments, along with the Salt Lake City Organizing Committee, spent roughly $1.9 billion in direct costs related to planning and hosting the 2002 Winter Olympic Games. In this paper, we investigate whether these expenditures increased employment. At the state level, we find strong evidence it increased employment in leisure related industries in the short run and potentially in the long run. However, the results indicate it had no long term impact on employment in retail trade or in the overall economy.
Working Paper Number
1002
Recommended Citation
Baumann, Robert; Engelhardt, Bryan; and Matheson, Victor, "The Labor Market Effects of the Salt Lake City Winter Olympics" (2010). Economics Department Working Papers. Paper 27.
https://crossworks.holycross.edu/econ_working_papers/27