Arbeitspapier

Investment in stadia and regional economic development: evidence from FIFA World Cup 2006

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.

ISBN
978-3-940369-47-5
Sprache
Englisch

Erschienen in
Series: Hamburg Contemporary Economic Discussions ; No. 16

Klassifikation
Wirtschaft
National Government Expenditures and Related Policies: Infrastructures; Other Public Investment and Capital Stock
Sports; Gambling; Restaurants; Recreation; Tourism
Size and Spatial Distributions of Regional Economic Activity
Public Facility Location Analysis; Public Investment and Capital Stock
Thema
Regional Economics
Stadia Infrastructure
Difference-in-Difference Model

Ereignis
Geistige Schöpfung
(wer)
Feddersen, Arne
Grötzinger, André L.
Maennig, Wolfgang
Ereignis
Veröffentlichung
(wer)
University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
(wo)
Hamburg
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Feddersen, Arne
  • Grötzinger, André L.
  • Maennig, Wolfgang
  • University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy

Entstanden

  • 2008

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