Investment in Stadia and Regional Economic Development

Evidence from FIFA World Cup 2006

Arne Feddersen, Wolfgang Maennig, Andre L. Grötzinger

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

Resumé

Using the case of the new stadiums for the FIFA World Cup 2006 in Germany, this paper is the first multivariate work that examines the potential income and employment effects of new stadiums outside of the USA. This study is also the first work on this topic that conducts tests on the basis of a (serial correlation consistent) Difference-in-Difference model with level and trends. As a robustness check, we use the “ignoring time series information” model in a form that is modified for nonsynchronous interventions. We were not able to identify income or employment effects of the construction of new stadiums for the FIFA World Cup 2006, which are significantly different from zero.
OriginalsprogEngelsk
TidsskriftInternational Journal of Sport Finance
Vol/bind4
Udgave nummer4
Sider (fra-til)221–239
Antal sider19
ISSN1558-6235
StatusUdgivet - 2009

Fingeraftryk

Regional economic development
Stadium
Income effect
Employment effects
Serial correlation
Information model
Difference-in-differences
Robustness
Germany

Citer dette

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Investment in Stadia and Regional Economic Development : Evidence from FIFA World Cup 2006. / Feddersen, Arne; Maennig, Wolfgang; Grötzinger, Andre L.

I: International Journal of Sport Finance, Bind 4, Nr. 4, 2009, s. 221–239.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review

TY - JOUR

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T2 - Evidence from FIFA World Cup 2006

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AU - Maennig, Wolfgang

AU - Grötzinger, Andre L.

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KW - Regional Economics

KW - Stadium infrastructure

KW - Difference-in-difference

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