The regional effects of professional sports franchises : causal evidence from four European football leagues / Matthias Brachert
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The regional effects of professional sports franchises
Discovery
1023473321
URN
urn:nbn:de:gbv:3:2-92293
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Publication history
Halle (Saale), Germany : Halle Institute for Economic Research (IWH) - Member of the Leibniz Association, [30. Mai 2018]
Content
1 Online-Ressource (III, 23 Seiten, 0,83 MB) : Diagramme
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Language
eng
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Abstract
We use the locational pattern of clubs in four major professional football leagues in Europe to test the causal effect of changes in premier league membership on regional employment and output growth at the NUTS 3 level. We rely on the relegation mode of the classical round-robin tournament in the European model of sport to develop a regression-discontinuity design. The results indicate small and significant negative short-term effects on regional employment and output in the sports-related economic sector when clubs are relegated from the premier division of the respective football league. In addition, we find small negative effects on overall regional employment growth. However, total regional gross value added remains unaffected, indicating that in the main it is the less productive jobs that disappear in the short-term.
Series
IWH-Diskussionspapiere ; 2018, no. 10 (May 2018) ppn:837399270