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

E Kasimati, Peter Dawson

Research output: Contribution to journalArticle

65 Citations (Scopus)

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.
Original languageEnglish
Pages (from-to)139-146
Number of pages8
JournalEconomic Modelling
Volume26
Issue number1
DOIs
Publication statusPublished - 2009

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