The Economic Salience of Sports in Colombia: A Satellite Accounts Methodology
AbstractSports economics has acquired relevance among scholars and as a field because of the salience of sports as an economic sector. Parting from this idea and a lack of studies measuring the value of sports in the Colombian economy, this paper proposes a Satellite Accounts methodology for valuing sports in Colombia. Hence, the main contribution of this study is a theoretical design of an accounting system based on the Nationals Accounts System of the United Nations. Also, following a circular flow of income and product approach, this framework depicts the main economic activities related to sports in Colombia.
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Bibliographic InfoArticle provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.
Volume (Year): (2010)
Issue (Month): 72 ()
Postal: Lecturas de Economía, Departamento de Economía, Calle 67, 53-108, Medellin 050010, Colombia.
Find related papers by JEL classification:
- B4 - Schools of Economic Thought and Methodology - - Economic Methodology
- E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
- H4 - Public Economics - - Publicly Provided Goods
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
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