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on Sports and Economics |
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Issue of 2011‒05‒30
one paper chosen by Joao Carlos Correia Leitao University of Beira Interior and Technical University of Lisbon |
| By: | Robert Baumann (Department of Economics, College of the Holy Cross); Bryan Engelhardt (Department of Economics, College of the Holy Cross); Victor Matheson (Department of Economics, College of the Holy Cross) |
| Abstract: | This paper provides an empirical examination of impact the 1994 FIFA World Cup in the United States on local employment. In contrast to ex ante economic impact reports that suggest large increases in employment due to the tournament, an ex post examination of employment in 9 host metropolitan areas finds no significant impact on employment from hosting World Cup games. Furthermore, an analysis of employment in specific sectors of the economy finds no impact from hosting games on employment in the leisure and hospitality and professional and business services sectors but a statistically significant negative impact on employment in the retail trade sector. |
| Keywords: | World Cup, soccer, impact analysis, mega-event, tourism |
| JEL: | L83 O18 R53 J21 |
| Date: | 2011–05 |
| URL: | http://d.repec.org/n?u=RePEc:hcx:wpaper:1104&r=spo |