Mega-Events and Tourism: The Case of Brazil
Robert Baumann () and
Victor Matheson ()
No 1703, Working Papers from College of the Holy Cross, Department of Economics
Mega-sporting events such as the FIFA World Cup are expensive affairs. Host countries often justify the spending required to stage these events by predicting that mega-events will draw large numbers of tourists. This paper analyzes monthly foreign tourist arrivals into Brazil between 2003 and 2015 and finds that the 2014 FIFA World Cup increased foreign tourism by roughly one million visitors. This number far exceeded expectations, but we show that roughly a quarter of this increase in foreign tourism was caused by the fortuitous advancement of Argentina’s national team, and potential hosts should not count on the event to consistently produce out-sized tourism figures We conclude that on-field results can greatly influence FIFA World Cup tourism.
Keywords: World Cup; sports; tourism; Brazil; soccer (search for similar items in EconPapers)
JEL-codes: Z23 L83 F14 (search for similar items in EconPapers)
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://web.holycross.edu/RePEc/hcx/HC1703-Baumann- ... lWorldCupTourism.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hcx:wpaper:1703
Access Statistics for this paper
More papers in Working Papers from College of the Holy Cross, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by Victor Matheson ().