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Paper #555

Título:
The determinants of football match attendance revisited: Empirical evidence from the Spanish Football League
Autores:
Jaume Garcia y Plácido Rodríguez
Fecha:
Junio 2001
Resumen:
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.
Palabras clave:
Attendance, price elasticity, panel data
Códigos JEL:
C23, L83
Área de investigación:
Economía Laboral, Pública, de Desarrollo y de la Salud
Publicado en:
Journal of Sports Economics, vol. 3, p. 18-38, 2002

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