Document Type

Working Paper

Date of This Version

5-1-2018

Keywords

soccer, mega-event, tourism, World Cup, FIFA

JEL Classification

Z28, O18, R53

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.

Working Paper Number

1805

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