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The Economics of the World Cup

Author

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  • Victor Matheson

    (Department of Economics and Accounting, College of the Holy Cross)

Abstract

The quadrennial World Cup is perhaps the world�s most popular sporting event with millions of live fans and a worldwide television audience in the billions. It is also one of the most costly events to host with recent hosts countries such as Brazil and Russia spending around $12 billion putting on the tournament. This paper examines the costs and the benefits of hosting the World Cup with a focus on historical data and past economic impact studies.

Suggested Citation

  • Victor Matheson, 2018. "The Economics of the World Cup," Working Papers 1805, College of the Holy Cross, Department of Economics.
  • Handle: RePEc:hcx:wpaper:1805
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    File URL: https://hcapps.holycross.edu/hcs/RePEc/hcx/HC1805-Matheson_WorldCup.pdf
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    Citations

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    Cited by:

    1. Victor Matheson, 2021. "An Overview of the Economics of Sports Gambling and an Introduction to the Symposium," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 47(1), pages 1-8, January.
    2. Stefan Szymanski & Bastien Drut, 2020. "The Private Benefit of Public Funding: The FIFA World Cup, UEFA European Championship, and Attendance at Host Country League Soccer," Journal of Sports Economics, , vol. 21(7), pages 723-745, October.
    3. Yazan Issa Abu Aisheh, 2021. "Lessons Learned, Barriers, and Improvement Factors for Mega Building Construction Projects in Developing Countries: Review Study," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
    4. Olmos, Lorena & Bellido, Héctor & Román-Aso, Juan A., 2020. "The effects of mega-events on perceived corruption," European Journal of Political Economy, Elsevier, vol. 61(C).

    More about this item

    Keywords

    soccer; mega-event; tourism; World Cup; FIFA;
    All these keywords.

    JEL classification:

    • Z28 - Other Special Topics - - Sports Economics - - - Policy
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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