Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/147304
Authors: 
Pfeifer, Gregor
Wahl, Fabian
Marczak, Martyna
Year of Publication: 
2016
Series/Report no.: 
Hohenheim Discussion Papers in Business, Economics and Social Sciences 16-2016
Abstract: 
This paper evaluates the economic impact of the $14 billion preparatory investments for the 2010 FIFA World Cup in South Africa. We use satellite data on night light luminosity at municipality and electoral district level as a proxy for economic development, applying synthetic control methods for estimation. For the average World Cup municipality, we find significantly positive, short-run effects before the tournament, corresponding to a reduction of unemployment by 1.3 percentage points. At the electoral district level, we reveal distinct effect heterogeneity, where especially investments in transport infrastructure are shown to have long-lasting, positive effects, particularly in more rural areas.
Subjects: 
Football World Cup
Public Infrastructure
Development
Night Lights Data
Synthetic Control Methods
Mega Sports Events
South Africa
JEL: 
H54
O18
R11
R42
Z28
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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