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ResearchPaper
2016
Illuminating the World Cup effect
Illuminating the World Cup effect
night lights evidence from South Africa
night lights evidence from South Africa
Abstract (English)
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.
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Publication series
Hohenheim discussion papers in business, economics and social sciences; 2016,16
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Other version
Faculty
Faculty of Business, Economics and Social Sciences
Institute
Institute of Economics
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ISSN
ISBN
Language
English
Publisher
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Classification (DDC)
330 Economics
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Standardized keywords (GND)
Sustainable Development Goals
BibTeX
@techreport{Pfeifer2016,
url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6086},
author = {Pfeifer, Gregor and Wahl, Fabian and Marczak, Martyna et al.},
title = {Illuminating the World Cup effect : night lights evidence from South Africa},
year = {2016},
school = {Universität Hohenheim},
series = {Hohenheim discussion papers in business, economics and social sciences},
}