Since 2008 and following the royal directives in the letter addressed to the participants of the sports conference in Skhirat, Morocco, major efforts have been made to promote mass and spectator sports practice in order to improve the sporting landscape and to solve problems related to financing...

Can a temporary negative shock generate long-lasting effects on economic activities? To show causal evidence, we utilize data from Japanese multinational corporations (MNCs) and explore the economic impact of the unexpected escalation of an island dispute between China and Japan in 2012. Our...