Price, Income & Unemployment Effects on Greek Professional Football
AbstractBased on data of 26 Greek professional football clubs of Division A’ and B’ for 16 seasons (1991/92-2006/07), we investigate the effect of sporting and economic variables on the attendance in Greek football stadia. Price, income and unemployment are found to be statistically significant in the small Greek football market, while controlling for classic sporting determinants of demand such as success, entertainment and promotion/relegation. We include two more dummy variables; one for the new stadia constructed for the Olympic Games of 2004 and one for the enthusiasm effect of the EURO 2004 victory by the Greek National Team.
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Bibliographic InfoPaper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0907.
Length: 11 pages
Date of creation: Jun 2009
Date of revision:
Greek Football; Football Demand; Attendance;
Find related papers by JEL classification:
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-07-03 (All new papers)
- NEP-LAB-2009-07-03 (Labour Economics)
- NEP-SPO-2009-07-03 (Sports & Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Baimbridge, Mark & Cameron, Samuel & Dawson, Peter, 1996. "Satellite Television and the Demand for Football: A Whole New Ball Game?," Scottish Journal of Political Economy, Scottish Economic Society, vol. 43(3), pages 317-33, August.
- Dobson,Stephen & Goddard,John, 2011. "The Economics of Football," Cambridge Books, Cambridge University Press, number 9780521517140, December.
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