Paper #555
- Title:
- The determinants of football match attendance revisited: Empirical evidence from the Spanish Football League
- Authors:
- Jaume Garcia and Plácido Rodríguez
- Date:
- June 2001
- Abstract:
- An attendance equation is estimated using data on individual games played in the Spanish First Division Football League. The specification includes as explanatory factors: economic variables, quality, uncertainty and opportunity costs. We concentrate the analysis on some specification issues such as controlling the effect of unobservables given the panel data structure of the data set, the type of functional form and the potential endogeneity of prices. We obtain the expected effects on attendance for all the variables. The estimated price elasticities are smaller than one in absolute value as usually occurs in this literature but are sensitive to the specification issues.
- Keywords:
- Attendance, price elasticity, panel data
- JEL codes:
- C23, L83
- Area of Research:
- Labour, Public, Development and Health Economics
- Published in:
- Journal of Sports Economics, vol. 3, p. 18-38, 2002
Download the paper in PDF format