The effect of professional sports on the earnings of individuals: evidence from microeconomic data
AbstractThis article examines the impact of professional sports franchises in labour markets using data from the March Supplement to the Current Population Survey (CPS) for workers employed in specific occupational groups in all large US cities from 1983 to 2002. Results from a standard wage model suggest that professional football franchises increase average hourly and weekly earnings of males employed in these occupations, but professional baseball franchises reduce them. These results support growing evidence that professional sports affect labour markets. However, the mixed nature of the association between sport and earnings provides little economic justification for government subsidies for professional sport.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Applied Economics.
Volume (Year): 43 (2011)
Issue (Month): 29 ()
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Web page: http://www.tandf.co.uk/journals/routledge/00036846.html
Other versions of this item:
- Dennis Coates & Brad R. Humphreys, 2003. "The Effect of Professional Sports on the Earnings of Individuals: Evidence from Microeconomic Data," UMBC Economics Department Working Papers 03-104, UMBC Department of Economics.
- Dennis Coates & Brad R. Humphreys, 2006. "The Effect of Professional Sports on the Earnings of Individuals: Evidence from Microeconomic Data," Working Papers 0612, International Association of Sports Economists & North American Association of Sports Economists.
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- H71 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Taxation, Subsidies, and Revenue
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