On July 13, 2001, Beijing delegation of application for organizing the Olympic Game made its last statement in Moscow. Deng Yaping, the image messenger for applying for the Olympic Games and famous Ping-pang player, stated in her report,“in the torch relay in Sydney, a little boy came up to me, when he touched the torch, his eyes immediately became bright. I can feel that at that time his whole life has changed…”
Someone sums up Deng Yaping’s statement as: The Olympic Games can change the whole life of a person.
Someone further inferred: The Olympic Games can not only change the whole life of a person but also can change an enterprise, change a city and even change a country.
The Olympic economy, as its name said, is the economic phenomenon brought by the Olympic Games, and its essence is economic behavior caused by the commercial operation of the Olympic Game and the considerable economic benefits brought to the host city. Thus making the current Olympic Games become the world focus for which many countries, regions and cities are contending. Of course ,the analysis of this economic benefits is not only confined to how much money the host country can make from the Olympics itself, but also refers to the economic development process of the host city or the host country.
I. The economic characteristics of the Olympic Games coverage.
Periodicity
It is generally thought that the periodicity is 7 years, i.e., from the time of successful application to the time of hosting, the period is 7 years, during which the economic phenomena such as influence, focus, development, benefit, etc. have the obvious periodical characteristics.
Effectiveness for a given period of time
Economic development is restricted by the sp ...