2012-03-14 papers

on Sports and Economics

Issue of 2012–03–14
one paper chosen by
Humberto Barreto, DePauw University

Is football an indicator of development at the international level? By Robert Gasquez; Vicente Royuela

Is football an indicator of development at the international level?

By:	Robert Gasquez; Vicente Royuela (Universitat de Barcelona)
Abstract:	The aim of this paper is to examine whether football can be considered an indicator of development at the international level. An empirical econometric model is designed in order to analyse development in terms of both levels of GDP per capita and GDP growth. Cross-sectional and time series information is used. The results suggest that FIFA rankings of national teams can be used to complement our understanding of multidimensional development in those countries where the availability of information is not as good as researchers would like.
Keywords:	development, international, economic growth, football, instrumental variable
JEL:	C23 L83 O11
Date:	2012
URL:	https://d.repec.org/n?u=RePEc:bar:bedcje:2012275

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