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New Stadia and Regional Economic Development

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  • Arne Feddersen

    ()
    (University of Hamburg)

  • André L. Grötzinger

    (University of Hamburg)

  • Wolfgang Maennig

    ()
    (University of Hamburg)

Abstract

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. \

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File URL: http://college.holycross.edu/RePEc/spe/FeddersenGrotzingerMaennig_NewStadia.pdf
File Function: Paper presented at the 10th annual IASE Conference in Gijón, Spain, May 2008
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Bibliographic Info

Paper provided by International Association of Sports Economists in its series IASE Conference Papers with number 0801.

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Length: 23 pages
Date of creation: Jun 2008
Date of revision:
Handle: RePEc:spe:cpaper:0801

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Web page: http://www.cdes.fr/index.php?id=fr69
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Keywords: Sports Economics; Regional Economics; Stadia Infrastructure; Difference-in-Difference Model;

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  1. 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.
  2. 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.
  3. 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.
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