A Kick for the GDP: The Effect of Winning the FIFA World Cup

被引：0
|
作者：
Mello, Marco [1 ,2 ]
机构：
[1] Univ Aberdeen, Business Sch, Econ Dept, Aberdeen, Scotland
[2] Univ Surrey, Sch Econ, Guildford, Surrey, England
来源：
OXFORD BULLETIN OF ECONOMICS AND STATISTICS | 2024年 / 86卷 / 06期
关键词：
ECONOMIC-IMPACT; OLYMPIC GAMES; GROWTH; EMPLOYMENT; EMPIRICS; GOLD;
D O I：
10.1111/obes.12627
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper uses OECD data to examine whether winning the men's FIFA World Cup boosts GDP growth, as claimed by analysts and media outlets concomitantly with every edition of this football competition. By implementing both an event-study design and a synthetic difference-in-difference strategy, the analysis shows that winning the World Cup increases year-over-year GDP growth by at least 0.48 percentage points in the two subsequent quarters. This result seems primarily driven by enhanced export growth, which is consistent with a greater appeal enjoyed by national products and services on the global market after victory in a major sporting event.
引用
收藏
页码：1313 / 1341
页数：29
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