Bread or Games?

Michiel De Nooij, Marcel van den Berg and Carl Koopmans

Journal of Sports Economics, 2013, vol. 14, issue 5, 521-545

Abstract: Many countries compete fiercely for the right to host mega-events like the World Cup. Proponents of hosting mega-events claim that yields economic gains. Many available studies focus on partial effects of hosting or concern ex post analyses. The authors utilize the existing literature to perform a detailed cost–benefit analysis (CBA) of the Netherlands bidding jointly with Belgium for the 2018 World Cup. The authors show that national pride and pleasure come at a price and financial gains are unlikely. Based on this CBA, the authors predict that the costs of the 2018 World Cup in Russia will also exceed the financial benefits.

Keywords: cost–benefit analysis; mega-event; FIFA World Cup; sports economics (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:14:y:2013:i:5:p:521-545

DOI: 10.1177/1527002511429825

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