New Stadia and Regional Economic Development
AbstractUsing 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. \
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Bibliographic InfoPaper provided by International Association of Sports Economists in its series IASE Conference Papers with number 0801.
Length: 23 pages
Date of creation: Jun 2008
Date of revision:
Sports Economics; Regional Economics; Stadia Infrastructure; Difference-in-Difference Model;
Other versions of this item:
- H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock
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- Wolfgang Maennig & Florian Schwarthoff, 2008. "Stadium Architecture and Regional Economic Development: International Experience and the Plans of Durban," Working Papers 0816, International Association of Sports Economists & North American Association of Sports Economists.
- Arne Feddersen, 2006. "Economic Consequences of the UEFA Champions League for National Championships - The Case of Germany," Working Papers 0012006, Chair for Economic Policy, University of Hamburg.
- Arne Feddersen & Wolfgang Maennig, 2005. "Trends in Competitive Balance: Is there Evidence for Growing Imbalance in Professional Sport Leagues?," Working Papers 0012005, Chair for Economic Policy, University of Hamburg.
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