The Economics of the FIFA Football Worldcup

14 Pages Posted: 4 Jul 2004

See all articles by Benno Torgler

Benno Torgler

Yale University - Yale Center for International and Area Studies

Abstract

The expansion of economics to 'non-market topics' has received increased attention in recent years. The economics of sports (football) is such a sub-field. This paper reports empirical evidence of team and referee performances in the FIFA World Cup 2002. The results reveal that being a hosting nation has a significant impact on the probability of winning a game. Furthermore, the strength of a team measured with the FIFA World Ranking does not play the important role presumed, which indicates that the element of uncertainty is working. The findings also indicate that the influence of a referee on the game result should not be neglected. Finally, the previous World Cup experiences seem to have the strongest impact on referees' performances during the game.

Suggested Citation

Torgler, Benno, The Economics of the FIFA Football Worldcup. Kyklos, Vol. 57, No. 2, pp. 287-300, May 2004. Available at SSRN: https://ssrn.com/abstract=546927

Benno Torgler (Contact Author)

Yale University - Yale Center for International and Area Studies ( email )

P.O. Box 208206
New Haven, CT 06520-8206
United States

HOME PAGE: http://www.crema-research.ch/fellowseiten/torgler.htm

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