One Year Later: A Re-Appraisal of the Economics of the 2006 Soccer World Cup

Hamburg Contemporary Economic Discussions, No. 10, 2007

20 Pages Posted: 13 Dec 2009

See all articles by Wolfgang Maennig

Wolfgang Maennig

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences

Date Written: June 2007

Abstract

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.

Keywords: Regional economics, sports economics, World Cup, Stadium Impact

JEL Classification: L83, R53, R58

Suggested Citation

Maennig, Wolfgang, One Year Later: A Re-Appraisal of the Economics of the 2006 Soccer World Cup (June 2007). Hamburg Contemporary Economic Discussions, No. 10, 2007. Available at SSRN: https://ssrn.com/abstract=1520530 or http://dx.doi.org/10.2139/ssrn.1520530

Wolfgang Maennig (Contact Author)

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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