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New Stadia and Regional Economic Development

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Author Info
Arne Feddersen () (University of Hamburg)
André L. Grötzinger (University of Hamburg)
Wolfgang Maennig () (University of Hamburg)

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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://www.holycross.edu/departments/economics/RePEc/spe/FeddersenGrotzingerMaennig_NewStadia.pdf
File Format: application/pdf
File Function: Paper presented at the 10th annual IASE Conference in Gijón, Spain, May 2008
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Publisher Info
Paper provided by International Association of Sports Economists in its series Working Papers with number 0833.

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Length: 23 pages
Date of creation: Oct 2008
Date of revision:
Handle: RePEc:spe:wpaper:0833

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

Other versions of this item:

Find related papers by JEL classification:
H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
R12 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
R53 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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References listed on IDEAS
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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. [Downloadable!]
  2. 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. [Downloadable!]
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This page was last updated on 2009-11-7.

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