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Holland, Tom Graduate School of International Studies, Korea Un 2018 국내석사
The Author of this paper explores the issue of bilateral trade flows between countries that participate in the Olympic Games and the host nation. The paper hopes to find significant boosts in both exports from the host nation to participating nations and exports going from the participating nations to the host nation. The study uses the 2008 Olympics held in Beijing, China, and the 2004 Olympics of Athens, Greece to answer the research questions. Using the idea that the Olympic games creates visibility, increased connections, more trust and better relationships between the host and participating nations which encourages trade between them. The second part of this research pertains to success at the Olympics, and these boosts in trade found in the first tests. This paper wants to statistically prove that success at the games has a relationship with the boosts in bilateral trade, the higher the success, the more significant the boosts will be. Therefore, Hypothesis testing and multiple regression analysis is used to test both questions. Regarding the results, unfortunately the Beijing data was found to have been severely affected by the Global financial crisis, so instead of experiencing boosts in trade, most countries saw a fall in trade with China. As a result, no conclusions were able to be drawn from this finding, other than that the Financial Crisis seriously dampened trade between China and other nations. The Greece Data however, proved to be significant. The hypothesis testing proved that boosts in trade between Greece and participating nations of the Athens Olympics, 2004, were significant. However, these boosts were only temporary, and these results support numerous academic literature therefore strengthening the idea. The Hypothesis testing proved that both trade flows in the form of exports from Greece and exports from participating nations were experienced, however, the samples outside the OECD experienced more significant boosts. This created a problem as when mapping success in the Olympics with these trade boosts, OECD nations were likely to have a lower boost in trade on average, and as discussed in the paper, the OECD nations shared the majority of the medals at the Olympic games. Despite this revelation, the multiple regression analysis was carried out in the framework of the Gravity Model of Bilateral trade, but as feared, the results came back insignificant proving that success at the Games had no significant effect on these trade boosts found in the first test. The Author goes on to propose that this is due to both the fact that OECD nations, (more developed nations) already are well known by the host nation, Greece, therefore there is an already well-established trade flow between the nations. Developing nations therefore see a large impact in the visibility factor because they are not well known before the games, and trade is now well established.
Holland, Bjorn Peter Lang 2006 국내박사