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.

Northeast Ohio Medical University

Don Drumm Studios


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

Three exonerated of murder convictions from 18 years ago
Thanks heavens that none of them have been condemned to death. This alons should convince the USA to join the civilized world by abolishing the death penalty. E...

Kombucha: a sweet business brewed with fermented tea
Stevia is not an artificial sweetener. It is a plant. I have one growing in my sunroom. The leaves are dried and added to teas. It's harvested commercially and...

Bringing back ballet in Cleveland
I do think Ballet in Cleveland is doing good things, but the fact that director says "When we have flourishing companies like the New York City Ballet and the A...

Report confirms some Vietnam veterans may have been exposed to Agent Orange
was in nam 1969 exposed va stated lost medical records was in lawsuit from 197? till settled 0 $ 2010 ? said all nam vets will get back disability till 198? jus...

Mentorship grant program redefines "faith-based" provision
Can't anyone have values, beliefs, and morals anymore? How is it anymore unconstitutional for a school partner with a "faith-based" organization than any other ...

Exploradio: The challenge of finding a healthy balance with technology
Thank you, Jeff, for another well done Exploradio. I always learn something interesting about what is happening in NE Ohio.

Northeast Ohio's transgender community rallies around restroom issue
A good first step would be for Cleveland to require restaurants to have a public restroom. Cleveland is the only city I've ever been in where restaurants somet...

Vapor shops say tobacco tax hikes could hit them hard
Maybe you should be DOING a study, since every time you've tried to villianize them all that's happened was the opposite. I'm not a fan of alcohol that's flavor...

New law gives access to birth records to Ohio adoptees
Can siblings also look for their missing brother or sister? And how do we go about it?

Ida McKinley's tiara comes home, with the help of "Pawn Stars"
I donated to the fund to keep the tiara at the museum where I believe it belongs. I took my 16 year old granddaughter to the showing I dont think it will be som...

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