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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
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    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 0723, International Association of Sports Economists;North American Association of Sports Economists.
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    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

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