For helpful discussions, we thank: Kishore Dhavala, Sheng Guo, Cem Karayalcin, Dmitry Krichevskiy, Mohamed Nasseredine and Mehmet Ulubasoglu. An earlier version of this paper was circulated under the name: “Trading Effects of the National Teams’ Showcase”.
Trading Effects of the FIFA World Cup
Article first published online: 2 JUL 2014
© 2014 John Wiley & Sons Ltd
Volume 67, Issue 3, pages 315–329, August 2014
How to Cite
Avsar, V. and Unal, U. (2014), Trading Effects of the FIFA World Cup. Kyklos, 67: 315–329. doi: 10.1111/kykl.12056
- Issue published online: 2 JUL 2014
- Article first published online: 2 JUL 2014
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.