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

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2024-05-31 DOI:10.1111/obes.12627

Marco Mello

引用次数: 0

Abstract

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.

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为 GDP 踢一脚赢得国际足联世界杯的影响

本文利用经合组织（OECD）的数据研究了赢得国际足联男子世界杯是否会促进国内生产总值（GDP）的增长，正如每届世界杯足球赛期间分析师和媒体所宣称的那样。通过采用事件研究设计和合成差分策略，分析表明，世界杯夺冠会使随后两个季度的国内生产总值同比增长至少提高 0.48 个百分点。这一结果似乎主要是由出口增长的增强所驱动的，这与国家产品和服务在重大体育赛事中获胜后在全球市场上享有更大的吸引力是一致的。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.