Date of This Version
soccer, mega-event, tourism, World Cup, FIFA
Z28, O18, R53
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
Matheson, Victor, "The Economics of the World Cup" (2018). Economics Department Working Papers. Paper 180.