An Examination of the Economic Effects of the Winter Olympics
Author(s)
Jaramillo, Rebekah
Nicholson, John
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Abstract
The Olympic Games are one of the world’s largest sporting events with millions travelling to
watch them in person and tens of millions more watching on television. These staggering figures underlie
the debate over the economic benefits of hosting the Games. Much research has been done on the effect of
the Summer Olympics but little has been researched on the Winter Games. This paper tests the hypothesis
that hosting a Winter Olympic Games yields long term economic benefits which would have otherwise
not been realized. Variables examined include population growth, long term unemployment, and 4 year
average GDP growth both pre and post Olympics for both host regions and their respective countries. The
initial results proved inconclusive.
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Date
2016-11
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Text
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Undergraduate Research Paper