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Trading Effects of the FIFA World Cup
Author(s) -
Avsar Veysel,
Unal Umut
Publication year - 2014
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1111/kykl.12056
Subject(s) - host (biology) , control (management) , world trade , business , economics , international trade , management , ecology , biology
Summary This study analyzes the trading effects of FIFA World Cup in two dimensions. First, we show that participating in the World Cup significantly increases exports from the participant countries to the host countries, relative to a control group of non‐participants. Second, we demonstrate that trade is reasonably higher for host‐participant pairs compared to other country pairs. We also provide dynamic estimates for both cases and offer plausible arguments and important channels for our findings.