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Assessing the impact of the 2004 Olympic Games on the Greek economy: A small macroeconometric model


Reference:

Kasimati, E. and Dawson, P., 2009. Assessing the impact of the 2004 Olympic Games on the Greek economy: A small macroeconometric model. Economic Modelling, 26 (1), pp. 139-146.

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Official URL:

http://dx.doi.org/10.1016/j.econmod.2008.06.006

Abstract

This paper examines the impact of the Athens 2004 Olympic Games on the Greek economy. Using a small aggregate macroeconometric model we find evidence to Support the view that the Olympics is an event that could successfully boost the economy of the host city by generating benefits that outweigh the preparation cost. Consistent with recent literature in this area, whilst the impact effects are quite strong during the preparation phase and the year the Games took place, the long-term economic legacy effects appear to be quite modest.

Details

Item Type Articles
CreatorsKasimati, E.and Dawson, P.
DOI10.1016/j.econmod.2008.06.006
DepartmentsFaculty of Humanities & Social Sciences > Social & Policy Sciences
Faculty of Humanities & Social Sciences > Economics
RefereedYes
StatusPublished
ID Code12716

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