Macroeconomic Analysis of 1998 FIFA World Cup

Luyu Chen, Kexin Mi, Yunqing Bai

Article ID: 9727
Vol 7, Issue 9, 2024

VIEWS - 3 (Abstract) 13 (PDF)

Abstract


After holding FIFA World Cup in 1998, France experienced a turning point after four years of recession. We are aiming to discover
the income and expenditure in the French economy before, during, and after the FIFA World Cup 1998. Including the government spending
to support this event, some domestic and foreign investment, and the change amount of total output in the economy as well. Using method of
literature review and macroeconomic analysis, we find out that the economic success of 1998 FIFA can be attributed to augment of demand
for transportation, high foreign direct investment, and sponsorship.

Keywords


Macroeconomic Analysis; Economic Growth; Social Impact

Full Text:

PDF


References


1. [1] Allmers, S., & Maennig, W. (2009). Economic Impacts of the FIFA Soccer World Cups in France 1998, Germany 2006,

2. and Outlook for South Africa 2010. Eastern Economic Journal, 35(4), 500–519. http://www.jstor.org/stable/40326165

3. [2] Baade, R. A., & Matheson, V. A. (n.d.). The quest for the cup: Assessing the economic impact of the World Cup. Clemson.edu. Retrieved December 29, 2022, from https://media.clemson.edu/economics/data/sports/Stadiums%20and%20Econ%20Impact/worldcup.pdf

4. [3] Baud, M, Legêne, S, Pels, P (2013) Circumventing reality: Report on the anthropological work of Professor Emeritus M.

5. M. G. Bax. 9 September 2013. Amsterdam. Available at: www.vu.nl/ en/Images/20131112_Rapport_Commissie_Baud_Engelse_versie_

6. definitief_tcm270-365093.pdf (accessed 17 April 2021).

7. [4] The Announcement Impact of Hosting the FIFA World Cup on Host Country Stock Markets, Procedia Economics and Finance, Volume 30, 2015, Pages 226-238,

8. [5] Brooks, Rachel, et al. (2014) Ethics and Education Research. 55 City Road, London: SAGE Publications, Inc.

9. [6] Calahan, S (2019). The great pretender. New York, NY: Hachette.

10. [7] Creswell, J.W. (2013) Research Design: Qualitative, Quantitative, and Mixed Methods Approaches. 4th Edition, SAGE Publications, Inc., London.

11. [8] Creswell, J. W., & Plano Clark, V. L. (2011). Designing and conducting mixed methods research (2nd ed.). Thousand Oaks, CA:

12. Sage.

13. [9] Easterby-Smith, M., Thorpe, R. and Jackson, P. (2012) Management Research. London: Sage.




DOI: https://doi.org/10.18686/ijmss.v7i9.9727

Refbacks

  • There are currently no refbacks.




Creative Commons License

This site is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.