Malte Heyne () (Hamburg Chamber of Commerce) Wolfgang Maennig () (Chair for Economic Policy, University of Hamburg) Bernd Suessmuth () (TUM - Munich University of Technology, Department of Business and Economics)
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This paper tests the hypothesis that a nation’s hosting of a mega-sporting event is an experience good for its residents. Applying data from an ex-ante and ex-post query based on contingent valuation methods, we use the Soccer World Cup 2006 as a natural experiment. The significant ex-post increase in valuation is shown to be due to adventitious citizens requiring an involving experience, rather than to an updating of a-prior assessment.
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Paper provided by Chair for Economic Policy, University of Hamburg in its series Working Papers with number
005.
Length: 13 pages Date of creation: 2007 Date of revision: Publication status: Published in Hamburg Contemporary Economic Discussions, Issue 05, 2007 Handle: RePEc:hce:wpaper:005
Find related papers by JEL classification: L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism Q26 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Recreational Aspects of Natural Resources H49 - Public Economics - - Publicly Provided Goods - - - Other
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Stefan Szymanski, 2002.
"The Economic Impact of the World Cup,"
World Economics,
World Economics, Economic & Financial Publishing, PO Box 69, Henley-on-Thames, Oxfordshire, United Kingdom, RG9 1GB, vol. 3(1), pages 169-177, January.
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