Persistent effects of mega-events on local economies: an application of administrative big data
- Authors
- Kim, Min Gyung; Yang, Hyunjoo
- Issue Date
- 2-Dec-2021
- Publisher
- ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- Keywords
- Mega-events; regional economy; administrative big data; synthetic control model; Pyeong Chang
- Citation
- ASIA PACIFIC JOURNAL OF TOURISM RESEARCH, v.26, no.12, pp.1318 - 1330
- Journal Title
- ASIA PACIFIC JOURNAL OF TOURISM RESEARCH
- Volume
- 26
- Number
- 12
- Start Page
- 1318
- End Page
- 1330
- URI
- https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/18087
- DOI
- 10.1080/10941665.2021.1983625
- ISSN
- 1094-1665
- Abstract
- 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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Collections - College of Business Management > School of Business Management > 1. Journal Articles
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