Persistent effects of mega-events on local economies: an application of administrative big data
- 주제(키워드) 도움말 Mega-events , regional economy , administrative big data , synthetic control model , Pyeong Chang
- 발행기관 ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- 발행년도 2021
- 총서유형 Journal
- 본문언어 영어
초록/요약 도움말
Do the effects of a mega-event on a local economy persist even after the event has ended? Using a novel administrative big data set of buildings in the host regions, we analyze the long-term effects of the 2018 PyeongChang Olympics. For data collection, we converted building-level GIS data into a township-level data set. We used the synthetic control method which enables causal analysis even with a small number of treated units. Our analysis reveals that, despite a short-term increase in the number of local buildings due to the Olympics, effects did not persist 1 year after the event.
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