Employment effects of the Football World Cup 1974 in Germany |
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Authors: | Florian Hagn Wolfgang Maennig |
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Affiliation: | 1. Department of Computer and Information Sciences, University of Strathclyde, Glasgow, G1 1XH, UK;2. School of Physics and Astronomy, University of Edinburgh, Edinburgh, EH9 3JZ, UK;3. School of Physics and Astronomy, University of Glasgow, Glasgow, G12 8QQ, UK;1. University of Florida, 304 Florida Gym, PO Box 118208, Gainesville, FL 32611-8208, USA;2. Texas A&M University, College Station, TX 77843, USA;3. Tshwane University of Technology, Private Bag X680, Pretoria 0001, South Africa;1. Cape Peninsula University of Technology, Cape Town, South Africa;2. University of Central Florida, United States;3. Bournemouth University, England |
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Abstract: | This study demonstrates that the Football World Cup 1974 in Germany was not able to generate any medium to long-term employment effects that were significantly different from zero. It is the first work to examine the employment effects of Football World Cup tournaments. It is also 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. |
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