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

IF 1.5 3区经济学 Q2 ECONOMICS

Oxford Bulletin of Economics and Statistics 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.

查看原文本刊更多论文

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。

求助全文

约1分钟内获得全文求助全文

来源期刊

Oxford Bulletin of Economics and Statistics 管理科学-统计学与概率论

CiteScore

5.10

自引率

0.00%

发文量

审稿时长

>12 weeks

期刊介绍： Whilst the Oxford Bulletin of Economics and Statistics publishes papers in all areas of applied economics, emphasis is placed on the practical importance, theoretical interest and policy-relevance of their substantive results, as well as on the methodology and technical competence of the research. Contributions on the topical issues of economic policy and the testing of currently controversial economic theories are encouraged, as well as more empirical research on both developed and developing countries.