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One year later: A re-appraisal of the economics of the 2006 soccer World Cup

  • Wolfgang Maennig

    ()

    (Chair for Economic Policy, University of Hamburg)

No two ways about it: the soccer World Cup competition in June 2006 in Germany was a great experience, not only for the soccer fans, and it still resonates far and wide. The various commentaries have all concluded that the economic effects were positive. Emphasis has often been placed on increased turnover in the retail trade, overnight accommodation, receipts from tourism and effects on employment. The present study shows that this reasoning is mostly of little value and may even be incorrect. Of more significance, however, are other (measurable) effects such as the novelty effect of the stadiums, the improved image for Germany and the feelgood effect for the population.

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File URL: http://www.hced.uni-hamburg.de/WorkingPapers/HCED_10.pdf
File Function: First version, 2007
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Paper provided by Chair for Economic Policy, University of Hamburg in its series Working Papers with number 010.

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Length: 20 pages
Date of creation: 2007
Date of revision:
Publication status: Published in Hamburg Contemporary Economic Discussions, Issue 10, 2007
Handle: RePEc:hce:wpaper:010
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  1. BK. Johnson & JC. Whitehead, 2000. "Value of public goods from sports stadiums: the CVM approach," Contemporary Economic Policy, Western Economic Association International, vol. 18(1), pages 48-58, 01.
  2. Malte Heyne & Wolfgang Maennig & Bernd Süssmuth, 2007. "Mega-sporting Events as Experience Goods," Working Papers 0706, International Association of Sports Economists;North American Association of Sports Economists.
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