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Economic impact of national sporting success: evidence from the London stock exchange

  • J. K. Ashton
  • B. Gerrard
  • R. Hudson

In this article strong association is reported between the performance of the England football team and subsequent daily changes in the FTSE 100 index, representing the price of shares in the 100 largest companies traded on the London stock exchange.

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Article provided by Taylor & Francis Journals in its journal Applied Economics Letters.

Volume (Year): 10 (2003)
Issue (Month): 12 ()
Pages: 783-785

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Handle: RePEc:taf:apeclt:v:10:y:2003:i:12:p:783-785
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  1. Ziemba, William T., 1994. "World wide security market regularities," European Journal of Operational Research, Elsevier, vol. 74(2), pages 198-229, April.
  2. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
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