The Impact of Hosting the Summer Olympic Games on Economic Growth in Developing Countries: A Case Study of the 2008 Beijing Games

Scott, K.G. (2015) The Impact of Hosting the Summer Olympic Games on Economic Growth in Developing Countries: A Case Study of the 2008 Beijing Games. Undergraduate thesis, under the direction of Joshua Hendrickson from Economics, The University of Mississippi.

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Abstract

This paper examines the economic growth effects of hosting the 2008 Beijing Olympic Games within the municipality of Beijing and throughout China. To test for the significance of such growth effects, a two-stage least squares regression model with instrumental variables in employed. The regression results provide no evidence that hosting the Olympic Games had a positive impact on economic growth in China or within Beijing, but they do offer evidence that the games resulted in a short-term boost in gross regional product levels throughout the country. Such results suggest that the economic benefits of hosting the games in developing countries are greatly exaggerated, and the role of these supposed benefits in the assignment of Olympic bids should be reduced.

Item Type: Thesis (Undergraduate)
Creators: Scott, K.G.
Student's Degree Program(s): Economics, International Studies
Thesis Advisor: Joshua Hendrickson
Thesis Advisor's Department: Economics
Institution: The University of Mississippi
Subjects: H Social Sciences > HB Economic Theory
Depositing User: Kevin Gordon Scott
Date Deposited: 12 May 2015 17:12
Last Modified: 12 May 2015 17:12
URI: http://thesis.honors.olemiss.edu/id/eprint/415

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