One year later: A re-appraisal of the economics of the 2006 soccer World Cup
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.
|Date of creation:||2007|
|Publication status:||Published in Hamburg Contemporary Economic Discussions, Issue 10, 2007|
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- 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, January.
- Malte Heyne & Wolfgang Maennig & Bernd Suessmuth, 2007. "Mega-Sporting Events as Experience Goods," Working Papers 005, Chair for Economic Policy, University of Hamburg.