Is Football an Indicator of Development at the International Level?

Gásquez, Roberto; Royuela, Vicente

doi:10.1007/s11205-013-0368-x

Cited by 16 publications

(15 citation statements)

References 99 publications

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“…Based on estimated number of fans, soccer/football tops the most popular sports list globally-above cricket and field hockeywith more than 1 billion enthusiasts (Ludden 2017;Most Popular Sports n.d.). This statement is confirmed by Gásquez who stated that every FIFA World Cup event is being watched by more than one billion viewers worldwide (Gásquez & Royuela, 2014). Being the number one popular sports, football events' ability to bring the commercial trinity of sponsors, advertisers, and media is unquestionable (Horne & Manzenreiter, 2004).…”

Section: Introductionmentioning

confidence: 90%

“…It was especially due to infrastructure provisions, promotes regional economic revitalization, and helps build the host's regional or international image (Andersson, Armbrecht and Lundberg 2008;Manzenreiter 2008). Moreover, hosting a mega sports event was also reported to be correlated with higher economic growth (Gásquez & Royuela, 2014).…”

Section: The Case Of Hosting the Fifa World Cupmentioning

confidence: 99%

“…Modern day sports have undergone a substantial transformation for more than 40 years. Monetary values put on the activity have redefined sports not only as physical activities to maintain health but also an industry which involves many businesses (Rosen and Sanderson 2000;Horne 2004;Gásquez and Royuela 2014). ______________________ These businesses produce all sorts of goods and services related to its main output i.e.…”

Section: Introductionmentioning

confidence: 99%

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Indonesia to Host the Fifa World Cup? A Cost-Benefit Analysis

Pohan¹,

Oktavianty²

2018

j.econ.bus.

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Numerous studies have shown that hosting the FIFA World Cup potentially creates positive economic benefits although it costs a substantial amount of money. The biggest cost comes from infrastructure needs which are highly correlated with a country�s geographical characteristics. This research evaluates the feasibility of hosting the FIFA World Cup in Indonesia given its geographical characteristics. Using data compiled from various studies, estimation was conducted using Cost-Benefit Analysis. Results show that hosting the FIFA World Cup is not financially profitable for Indonesia. However, after accounting for potential social benefits, economic analysis suggested that in the short run, it potentially boosts tourism and income of related sectors. In the long run, benefits include acquiring top notch stadiums, provision of high quality infrastructure, training opportunities for talented young players, and exposure of Indonesia�s tourist attractions. These social benefits may outweigh the financial loss; making the hosting project economically viable.

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Section: Introductionmentioning

confidence: 90%

Section: The Case Of Hosting the Fifa World Cupmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Indonesia to Host the Fifa World Cup? A Cost-Benefit Analysis

Pohan¹,

Oktavianty²

2018

j.econ.bus.

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“…A country's FIFA ranking may be considered as an indicator of the country's development (Gásquez and Royuela 2014). Szymanski (2016) noted that the FIFA ranking of national teams depends negatively on population size and income.…”

Section: Motivation and Literature Reviewmentioning

confidence: 99%

Why are We So Good At Football, and They So Bad? Institutions and National Footballing Performance

Batarfi

Reade

2020

De Economist

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The basic production technology in football is identical for each team that competes. All around the world, a field, goalposts and a ball is all that is required, in addition to players. It’s hard to imagine the quality of informal football in public parks, streets and alleys the world over differs much. Yet at each country’s highest level, there exists vast quality differences in the national football teams across countries. This paper sketches out broad patterns in this variation in performance, and seeks to understand why some countries are very good, whilst others perform poorly. We investigate a range of macroeconomic, demographic and political explanations, alongside more conventional sporting metrics. We also consider the extent to which they explain the observed variation in footballing performance historically. We find that higher level of GDP per capita helps nations to win more often, but that population hinders this. A more developed domestic footballing structure appears to be helpful too.

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“…Such is the impact of football that according to the FIFA 3,200 million people watched the South African World Cup (FIFA, ). The importance of football is so great that it can even be used as a development indicator (Gásquez and Royuela, ). Given the importance of football in society today and its impact on the economy, efforts have been made to study the determinants of football success at the international level.…”

mentioning

confidence: 99%

The Determinants of International Football Success: A Panel Data Analysis of the Elo Rating*

Gásquez

Royuela

2016

Social Science Quarterly

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Objectives. This article investigates the determinants of football 1 success at the international level. We introduce three innovations as (a) we apply the model developed by Bernard and Busse (2004) to football, (b) we consider a wide panel of countries over a 33-year period, and (c) we supplement FIFA's classification with the Elo rating system. Methods. We estimate a dynamic panel model using Blundell and Bond's (1998) system-generalized method of moments (GMM) estimator. Results. The results are robust to several sensitivity analyses, showing that economics, demographics, weather, geography, and football institutions are good indicators of football success at the international level. Besides, the Elo rating is a better alternative indicator than the FIFA ranking. Conclusions. The Elo rating may be used in the academic works that wish to analyze football success over a long period of time.

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Is Football an Indicator of Development at the International Level?

Cited by 16 publications

References 99 publications

Indonesia to Host the Fifa World Cup? A Cost-Benefit Analysis

Indonesia to Host the Fifa World Cup? A Cost-Benefit Analysis

Why are We So Good At Football, and They So Bad? Institutions and National Footballing Performance

The Determinants of International Football Success: A Panel Data Analysis of the Elo Rating*

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