Rose, Andrew K; Spiegel, Mark - C.E.P.R. Discussion Papers - 2009
reconcile these positions by examining the economic impact of hosting mega-events like the Olympics; we focus on trade. Using a … variety of trade models, we show that hosting a mega-event like the Olympics has a positive impact on national exports. This … effect is statistically robust, permanent, and large; trade is around 30% higher for countries that have hosted the Olympics …