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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.
Sectoral accounts and analyses > Analyses and applications
Macroeconomic forecasts and analyses > Medium-term projections and macrosectoral analyses
Macroeconomics and Monetary Economics > General Aggregative Models > Forecasting and Simulation [E17]
Industrial Organization > Industry Studies: Services > Sports; Gambling; Recreation; Tourism [L83]