Discussion Paper of the Institute for Organisational Economics 2/2022
Is There a Euro Effect in European Football?
Alexander Dilger/Michael Hickfang
We analyse whether the creation of the eurozone and the euro crisis had an effect on the sportive performance of professional football teams in European nations. We find a significantly positive sign of membership in the eurozone on UEFA points. However, this positive finding is not robust over time and disappears in models with more covariates. It is probably a size effect but at least the adoption of the euro brought no disadvantages in football.