News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Hennes Paynter Communications

Area Agency on Aging 10B, Inc.


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Government and Politics


Political conventions bring a city lots of attention, not so much money
Mega-events economist says others stay away when conventioneers come to town
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
Political conventions bring attention to host cities and to emerging politicians. But when it comes to money, economist Victor Matheson says they're a wash.
Courtesy of M.L. SCHULTZE
Download (WKSU Only)
In The Region:

Cleveland officials started their week in Washington, pitching the city as the host for the 2016 Republican National Convention. Backers say the convention could be worth hundreds of millions of dollars to the region – beyond the prestige of hosting a big political shindig.  But WKSU' M.L. Schultze spoke with an economist who specializes in mega-events, and says this one has likely been overpromised:

LISTEN: Matheson challenges conventional wisdom on political conventions

Other options:
Windows Media / MP3 Download (3:23)


Victor Matheson of Holy Cross College and two other economists have studied the economic impact of political conventions since 1972. They’ve matched the economies of host cities against similar cities. And overall: it’s a wash. 

“These national conventions are highly disruptive. So while it is absolutely true that the streets of the host city are going to be filled with conventioneers, filled with media, filled with politicians, as well as security, …  all of the crowds and congestion and especially the security tends to crowd out any other sort of other economic activity that might occur at the same time.” 

Matheson held up one example – the 20 percent drop of the sale of Broadway show tickets when New York City hosted the Republican presidential convention in 2004.

Not every city is crowded in the first place
He acknowledged, however, that not all cities are created equal.

“It’s certainly going to change from city to city. A place that’s going to be typically empty during the time frame that the convention would be going on might have significantly more economic impact than other places. So if August is not prime tourism time in Cleveland, then you might see a bigger bump.” 

But Matheson says political conventions don’t spend publicly the way other conventions do because so many events are hosted by lobbyists and are private.

Not like any other
“The typical sort of conventioneer is significantly different than a political conventioneer. So while local restaurants are actually fairly happy with a typical convention, that same sort of restaurant business does not seem to be drummed up by politicians in quite the same way  -- because of this large number of very specific closed events.

“A bunch of auto dealers and a bunch of economists come to town, you might expect your restaurants and bars to be quite full. … In fact, at a political convention, those delegates are often very specifically in private functions that don’t tend to then go out into the regular economy in quite the same way.” 

Still, he acknowledges, there is the national attention.

“It  does focus all the national attention on Cleveland for 3-4 days, and of course if you’re a politician, you love attention.” 

And he says political conventions often do no demand the same amount of local subsidies of other events because the federal government and political parties chip in in a big way for security.

 

 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Ohio's attorney general rejectsthe latest proposal to legalize marijuana
i think the ag launguage is money hes talking about drug companies must pay him more than responsible ohio can

PBS documentary chronicles the fall of Saigon through new footage and stories
Hi, Does anyone know the number - in the pbs special "Last Days of Vietnam" documentary, of how many Vietnamese were evacuated? Please e-mail me the answer. T...

Protest planned at tomorrow's FirstEnergy meeting
The problems of the poor and downtrodden have nothing to do with First Energy. They are the result of Republican legislators who consistently reduce taxes on th...

Ohio bill would help smaller communities with LGBT discrimination laws
Do we not try and have rights for all individuals equally? On the HUD list of "preferred" candidates who get "special consideration" it states that: For purp...

Ohio likely will continue with two types of police academies
Wake up people your wanting a Harvard law school education for a job that may pay a little over the poverty level. I don't know anyone who could support a wife ...

Police Week's ties from NE Ohio to D.C.
The men and women in blue who risk their lives everyday to serve and protect us....and this is as much recognition and appreciation that NPR/WKSU feels to offer...

First in a Series: How charter schools got a foothold in Ohio
If the interest where in education and there would be oversight of taxpayer dollars, charter schools would be okay. However, Charter School in Ohio are purely f...

Near West Theater raises the curtain at its new home with 'Shrek the Musical'
When I heard you were doing an article about the Near West Theater, I was very excited, because I had seen the lobby artwork in process on the floor of the arti...

Northeast Ohio pastors want to talk reform with Akron-based FirstEnergy
It's great that this First Energy bailout request is getting media coverage. First Energy is asking to be allowed to NOT find the best costing energy to sell us...

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University