The determinants of football match attendance revisited: Empirical evidence from the Spanish Football League
AbstractAn 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.
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Bibliographic InfoPaper provided by Department of Economics and Business, Universitat Pompeu Fabra in its series Economics Working Papers with number 555.
Date of creation: Jun 2001
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Web page: http://www.econ.upf.edu/
Attendance; price elasticity; panel data;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
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