Short-Term to Long-Term Employment Effects of the Football World Cup 1974 in Germany

26 Pages Posted: 30 Jan 2010

See all articles by Florian Hagn

Florian Hagn

affiliation not provided to SSRN

Wolfgang Maennig

Universität Hamburg, Faculty of Business, Economics and Social Sciences

Date Written: 2007

Abstract

This study demonstrates that the Football World Cup 1974 in Germany was not able to generate any short to long-term employment effects that were significantly different from zero. It is the first work to examine long-term employment effects of Football World Cup tournaments. It is also one of the first work to undertake a multivariate analysis of the employment effects of a major sporting event outside of the USA. In addition, this study does not arbitrarily determine the time period for the potential positive effects of a major sporting event but instead examines several alternative periods. Furthermore, the study tests for method sensitivity by analysing the data set in parallel with the approaches used in the studies of sporting events in the USA as well as in a fourth modifying estimation approach. In contrast to the conclusions reached in comparable studies, the results are not regarded as a clear refutation of the positive effects of major sporting events.

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

JEL Classification: L83, R53, R58

Suggested Citation

Hagn, Florian and Maennig, Wolfgang, Short-Term to Long-Term Employment Effects of the Football World Cup 1974 in Germany (2007). Hamburg Contemporary Economic Discussions, No. 9, 2007 , Available at SSRN: https://ssrn.com/abstract=1541927 or http://dx.doi.org/10.2139/ssrn.1541927

Florian Hagn

affiliation not provided to SSRN ( email )

Wolfgang Maennig (Contact Author)

Universität Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

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