Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Series Vol. 3 , 21 March 2023
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Our paper examines the impact of the bid for Beijing Winter Olympic Games on social economy and society with data from 2010 to 2020.In this project, regression discontinuity design (RDD) is applied to analyze the changes of GDP, residential income per capital and CPI's response to the five independent variables related to the successful bid for Winter Olympics: time dummy, infrastructure investment, cultural and athletic expenditures, international travel income and the number of sports venues. Our results show that the effects of bid for Winter Olympics on GDP and residential income per capita are insignificant, while the effects of bid on CPI are significantly positive. The influential path from bid to CPI is through the three variables above: cultural and athletic expenditures, international travel income and the number of sports venues.
GDP, CPI, regression discontinuity design, residential income per capita, Beijing Winter Olympic Games
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The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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