Working Paper 08-10 - Analyse des répercussions macroéconomiques de l’organisation d’une Coupe du Monde FIFA en 2018 en Belgique
Working Paper 08-10 - Analyse van de macro-economische gevolgen van de organisatie van een FIFA Wereldbeker 2018 in België
Didier Baudewyns and
Jan van der Linden
Working Papers from Federal Planning Bureau, Belgium
Abstract:
This study discusses the possible effects of the Football World Cup in 2018 on economic expenditures. These expenditures mainly concern investments in stadiums and tourist spending by visitors. However, visiting teams, the media and organisational and security spending also generate effects. Total expenditure is estimated at €1.15 billion, spread over an eight - year period, with a large confidence interval. The effects of those expenditures on economic activity were calculated using two economic models: an input - output model and the macroeconomic model, HERMES . The effect on GDP should amount to approximately 0.13% in 2018. Employment should increase by roughly 450 to 750 jobs during the run - up to the tournament and by an equivalent of 4 000 to 8 000 man - years in the course of the tournament itself.
Keywords: Macroeconomic scenarios; Sports events; Tourism (search for similar items in EconPapers)
JEL-codes: E17 L83 (search for similar items in EconPapers)
Date: 2010-03-24
References: Add references at CitEc
Citations:
Downloads: (external link)
https://www.plan.be/uploaded/documents/201004191537330.wp201008.pdf mixed version (en, fr, nl) (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
https://www.plan.be/uploaded/documents/201011250929010.wp201008_en.pdf english version (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fpb:wpaper:201008
Access Statistics for this paper
More papers in Working Papers from Federal Planning Bureau, Belgium Contact information at EDIRC.
Bibliographic data for series maintained by Dominique van der Wal ().