Date of This Version
conventions, impact analysis, mega-event
This paper provides an empirical examination of the economic impact of the Democratic and Republican National Conventions on local economies. Our analysis from 1970-2005 of the 50 largest metropolitan areas in the country, including all cities that have hosted one of the national conventions during this time period, finds that the presence of the Republican or the Democratic National Convention has no discernable impact on employment, personal income, or personal income per capita in the cities where the events were held confirming the results of other ex post analyses of mega-events.
Working Paper Number
Baade, Robert; Baumann, Robert; and Matheson, Victor, "Rejecting “Conventional” Wisdom: Estimating the Economic Impact of National Political Conventions" (2008). Economics Department Working Papers. Paper 56.
This article was published as: Baade, R., Baumann, R., Matheson, V. (2009). Rejecting “Conventional” Wisdom: Estimating the Economic Impact of National Political Conventions. Eastern Economic Journal, 35(4), pp.520-530.