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

V. Ageev and S. Altukhov
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V. Ageev: Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia
S. Altukhov: Faculty of Economics, Lomonosov Moscow State University, Moscow, Russia

Journal of the New Economic Association, 2018, vol. 40, issue 4, 158-167

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.

Keywords: FIFA World Cup; economic effect; sports infrastructure; organization costs (search for similar items in EconPapers)
JEL-codes: Z21 Z29 (search for similar items in EconPapers)
Date: 2018
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