On the economic impact of international sport events: microevidence from survey data at the EURO 2008

Lamla, MJ; Straub, M; Girsberger, EM

On the economic impact of international sport events: microevidence from survey data at the EURO 2008

Lamla, MJ Straub, M Girsberger, EM

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Publisher:: Taylor & Francis Online
Publication Type:: Journal Article
Citation:: Applied Economics, 2014, 46 (15), pp. 1693 - 1703
Issue Date:: 2014-05

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Field	Value	Language
dc.contributor.author	Lamla, MJ	en_US
dc.contributor.author	Straub, M	en_US
dc.contributor.author	Girsberger, EM https://orcid.org/0000-0001-5898-9286	en_US
dc.date.issued	2014-05	en_US
dc.identifier.citation	Applied Economics, 2014, 46 (15), pp. 1693 - 1703	en_US
dc.identifier.issn	0003-6846	en_US
dc.identifier.uri	http://hdl.handle.net/10453/129842
dc.description.abstract	Using firm-level data for more than 700 Swiss hotels and restaurants, we evaluate the economic impact of the EURO 2008 soccer championship in Switzerland. Although aggregated macrodata do not reveal any sizable economic impact, we report an overall negative effect based on the surveyed companies. Notably the reported effects of the individual firms are very heterogeneous. For instance, hotels in cities benefitted from the tournament as they were able to raise prices and thereby increase sales. Looking at the long-run impact only a small fraction of companies do believe in a positive effect. Interestingly, this outlook does not depend on realized sales, but on the guest structure.	en_US
dc.publisher	Taylor & Francis Online	en_US
dc.relation.ispartof	Applied Economics	en_US
dc.relation.isbasedon	10.1080/00036846.2014.881972	en_US
dc.subject.classification	Economics	en_US
dc.title	On the economic impact of international sport events: microevidence from survey data at the EURO 2008	en_US
dc.type	Journal Article
utslib.citation.volume	15	en_US
utslib.citation.volume	46	en_US
utslib.for	1402 Applied Economics	en_US
utslib.for	1403 Econometrics	en_US
utslib.for	1502 Banking, Finance and Investment	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Faculty of Business/Economics Discipline
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.issue	15	en_US
pubs.publication-status	Published	en_US
pubs.volume	46	en_US

Abstract:

Using firm-level data for more than 700 Swiss hotels and restaurants, we evaluate the economic impact of the EURO 2008 soccer championship in Switzerland. Although aggregated macrodata do not reveal any sizable economic impact, we report an overall negative effect based on the surveyed companies. Notably the reported effects of the individual firms are very heterogeneous. For instance, hotels in cities benefitted from the tournament as they were able to raise prices and thereby increase sales. Looking at the long-run impact only a small fraction of companies do believe in a positive effect. Interestingly, this outlook does not depend on realized sales, but on the guest structure.

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http://hdl.handle.net/10453/129842