All eyes turn to Sochi, Russia, for the 2014 Winter Olympics this week as athletes compete to take the gold. But what happens to the city and sporting facilities that have been built for the event once everyone returns home? It’s a question Scott Holladay, an assistant professor of economics at UT, has considered. He’s studied the overall impact of the Olympics on a host city’s long-term growth.
Georg Schaur News
Getting rich used to be tough. For most of the past two centuries, few countries managed it. But those gaps have begun to close, thanks to industrialization. For many countries, timely shipments of components are indispensable. An analysis by UT economics professor Georg Schaur and David Hummels of Purdue University estimates that a day in transit is