This study analyses for the first time on the basis of a multivariate analysis ex post the effects on the jobs market of a soccer World Cup, in this case the 2006 World Cup held in Germany. In addition to three methods already used for other analyses in studies of sporting events, an extended “Difference-in-Difference” estimate is used in order to compare the development of the numbers of unemployed in the 12 World Cup venues with the development of the numbers of unemployed in 62 other German cities. The results demonstrate that in none of the respective match venues did the effect of the sporting event on unemployment differ significantly from zero.
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Paper provided by Chair for Economic Policy, University of Hamburg in its series Working Papers with number
008.
Length: 19 pages Date of creation: 2007 Date of revision: Publication status: Published in Hamburg Contemporary Economic Discussions, Issue 08, 2007 Handle: RePEc:hce:wpaper:008
Find related papers by JEL classification: L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism R53 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy
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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