Vassiliki Avgerinou () (University of Peloponnese) Stefanos Giakoumatos () (The Highest Institute for Technological Education of Kalamata)
Abstract
Based 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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Publisher Info
Paper provided by International Association of Sports Economists in its series Working Papers with number
0907.
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