IDEAS home Printed from https://ideas.repec.org/a/nea/journl/y2018i40p158-167.html
   My bibliography  Save this article

Comparative Analysis of Costs and Economic Effects of the FIFA World Cups (1998-2018)

Author

Listed:
  • Ageev, V.

    (Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia)

  • Altukhov, S.

    (Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia
    Center for Sport Management Lomonosov MSU, Moscow, Russia)

Abstract

The article analyzes the costs of the organizers of the FIFA Football World Cups (1998-2018), the economic impact of the event and the impact on the socio-economic sphere of the country after the tournament. A comparative analysis of the organizers cost categories in dynamics allows tracing the logic of the tournament holder (FIFA) approaches to the choice of the organizing country for the 2022 and 2026 tournaments. Estimates of the aggregate World Cup organization economic impact are based on the special multipliers. The Brazilian and Russian World Cups economic efficiency final results indicate a change in the tendencies of the organizers public spending on sports and other infrastructure in recent years. Improving the image of the organizing country in the world, inspiration and hospitality of the population in relation to guests, sports tourism development are the most important results and the basis for the tournament sporting heritage. A forecast regarding the costs of organizing the World Cups in Qatar-2022 and the USA, Canada and Mexico-2026 are made in this article. Climate conditions in Qatar will require new technological solutions and associated costs. The increase in the countries participating in the final stage of the World Cup 2026 in North America from 32 to 48 will be accompanied by an increase in the number of matches from 64 to 80 and an increase in the cost of organizing competitions, logistics and hospitality.

Suggested Citation

  • Ageev, V. & Altukhov, S., 2018. "Comparative Analysis of Costs and Economic Effects of the FIFA World Cups (1998-2018)," Journal of the New Economic Association, New Economic Association, vol. 40(4), pages 158-167.
    • Handle: RePEc:nea:journl:y:2018:i:40:p:158-167
    as

    Download full text from publisher

    File URL: http://www.econorus.org/repec/journl/2018-40-158-167r.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Stefan Szymanski, 2010. "The Economic Impact of the World Cup," Palgrave Macmillan Books, in: Football Economics and Policy, chapter 11, pages 226-235, Palgrave Macmillan.
    2. Wolfgang Maennig, 2007. "One year later: A re-appraisal of the economics of the 2006 soccer World Cup," Working Papers 010, Chair for Economic Policy, University of Hamburg.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Day Yang Liu & Wen Chun Tsai & Pei Leen Liu & Chung Yi Fang, 2021. "Determinants of sales revenue in innovation diffusion effects of Taiwan sports lottery during the FIFA World Cup 2018," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(4), pages 43-58, June.
    2. Bernd Süssmuth & Malte Heyne & Wolfgang Maennig, 2010. "Induced Civic Pride and Integration," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 72(2), pages 202-220, April.
    3. Fourie, Johan & Santana-Gallego, María, 2011. "The impact of mega-sport events on tourist arrivals," Tourism Management, Elsevier, vol. 32(6), pages 1364-1370.
    4. Stefan Kesenne, 2012. "The Economic Impact, Costs and Benefits of the FIFA World Cup and the Olympic Games: Who Wins, Who Loses?," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 16, Edward Elgar Publishing.
    5. Markus LANG & Alexander RATHKE & Marco RUNKEL, 2010. "The Economic Consequences Of Foreigner Rules In National Sports Leagues," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 47-64.
    6. Michał Marcin Kobierecki & Michał Pierzgalski, 2022. "Sports Mega-Events and Economic Growth: A Synthetic Control Approach," Journal of Sports Economics, , vol. 23(5), pages 567-597, June.
    7. Florian Hagn & Wolfgang Maennig, 2007. "Labour Market Effects of the 2006 Soccer World Cup in Germany," Working Papers 008, Chair for Economic Policy, University of Hamburg.
    8. Peter A. Groothuis & Kurt W. Rotthoff, 2016. "The Economic Impact and Civic Pride Effects of Sports Teams and Mega-Events: Do The Public and the Professionals Agree?," Economic Affairs, Wiley Blackwell, vol. 36(1), pages 21-32, February.
    9. M.R. van den Berg & M. de Nooij, 2013. "The bidding paradox: why economists, consultants and politicians disagree on the economic effects of mega sports events but might agree on their attractiveness," Working Papers 13-08, Utrecht School of Economics.
    10. Pete Groothuis & Kurt W. Rotthoff, 2014. "Surveying the Literature and the People: The Economic Impact of Sports Teams and Civic Pride," Working Papers 14-05, Department of Economics, Appalachian State University.
    11. Sun, Ya-Yen & Rodriguez, Ariel & Wu, Jih-Hwa & Chuang, Shu-Tzu, 2013. "Why hotel rooms were not full during a hallmark sporting event: The 2009 World Games experience," Tourism Management, Elsevier, vol. 36(C), pages 469-479.
    12. Robert Baumann & Bryan Engelhardt & Victor A. Matheson, 2012. "Labor Market Effects of the World Cup: A Sectoral Analysis," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 22, Edward Elgar Publishing.
    13. Dennis Coates & Victor Matheson, 2011. "Mega-events and housing costs: raising the rent while raising the roof?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 46(1), pages 119-137, February.
    14. Michiel de Nooij & Marcel van den Berg & Carl Koopmans, 2013. "Bread or Games?," Journal of Sports Economics, , vol. 14(5), pages 521-545, October.
    15. Falch, Torberg & Fischer, Justina A.V., 2012. "Public sector decentralization and school performance: International evidence," Economics Letters, Elsevier, vol. 114(3), pages 276-279.
    16. Justina A.V. Fischer & Alfonso Sousa-Poza, 2010. "The Impact of Institutions on Firms’ Rejuvenation Policies: Early Retirement with Severance Pay versus Simple Lay-Off. A Cross-European Analysis," Working Papers 034, Chair for Economic Policy, University of Hamburg.
    17. Wolfgang Maennig & Marcel Porsche, 2008. "The Feel-good Effect at Mega Sports Events. Recommendations for Public and Private Administration Informed by the Experience of the FIFA World Cup 2006," Working Papers 0817, International Association of Sports Economists;North American Association of Sports Economists.
    18. Elmer Sterken, 2012. "Economic Impact of Organizing Large Sporting Events," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 20, Edward Elgar Publishing.
    19. Feddersen, Arne & Maennig, Wolfgang, 2012. "Sectoral labour market effects of the 2006 FIFA World Cup," Labour Economics, Elsevier, vol. 19(6), pages 860-869.
    20. Daniel Weimar & Claudio M. Rocha, 2019. "Does Distance Matter? Geographical Distance and Domestic Support for Mega Sports Events," Journal of Sports Economics, , vol. 20(2), pages 286-313, February.

    More about this item

    Keywords

    FIFA World Cup; economic effect; sports infrastructure; organization costs;
    All these keywords.

    JEL classification:

    • Z21 - Other Special Topics - - Sports Economics - - - Industry Studies
    • Z29 - Other Special Topics - - Sports Economics - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nea:journl:y:2018:i:40:p:158-167. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alexey Tcharykov (email available below). General contact details of provider: https://edirc.repec.org/data/nearuea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.