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Is there a euro effect in European football?

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  • Dilger, Alexander
  • Hickfang, Michael

Abstract

We analyse whether the creation of the eurozone and the euro crisis had an effect on the sportive performance of professional football teams in European nations. We find a significantly positive sign of membership in the eurozone on UEFA points. However, this positive finding is not robust over time and disappears in models with more covariates. It is probably a size effect but at least the adoption of the euro brought no disadvantages in football.

Suggested Citation

  • Dilger, Alexander & Hickfang, Michael, 2022. "Is there a euro effect in European football?," Discussion Papers of the Institute for Organisational Economics 2/2022, University of Münster, Institute for Organisational Economics.
    • Handle: RePEc:zbw:umiodp:22022
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    References listed on IDEAS

    as
    1. Barajas, Angel & Fernández-Jardón, Carlos & Crolley, Liz, 2005. "Does sports performance influence revenues and economic results in Spanish football?," MPRA Paper 3234, University Library of Munich, Germany.
    2. Cristina Fernández & Pilar García Perea, 2015. "The impact of the euro on euro area GDP per capita," Working Papers 1530, Banco de España.
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    More about this item

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • G01 - Financial Economics - - General - - - Financial Crises
    • Z20 - Other Special Topics - - Sports Economics - - - General

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