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ResearchPaper
2016
Illuminating the World Cup effect : night lights evidence from South Africa
Illuminating the World Cup effect : 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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Hohenheim discussion papers in business, economics and social sciences; 2016,16
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Faculty of Business, Economics and Social Sciences
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Institute of Economics
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English
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330 Economics
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@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},
}