Join the Club - On the Attractiveness of Golf Club Membership
AbstractThis paper concerns the attractiveness for member ship in Swedish golf clubs. A representative voter model is derived and the attractiveness for member ship in golf clubs estimated using a unique data set on qualities of the golf course, the quality of neighboring courses and characteristics regarding the region where the golf club is located. Characteristics and composition of population within the municipality where the club is located have a significant impact on the attractiveness of the club. The attractiveness increases as the share of number of junior members decrease. Golf is found to be a substitute to publicly financed goods. Keywords: spatial econometrics, sports, utility maximization JEL classification: D71, L83, R12
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Bibliographic InfoPaper provided by European Regional Science Association in its series ERSA conference papers with number ersa04p242.
Date of creation: Aug 2004
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Find related papers by JEL classification:
- D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-11-09 (All new papers)
- NEP-GEO-2005-11-09 (Economic Geography)
- NEP-SOC-2005-11-09 (Social Norms & Social Capital)
- NEP-SPO-2005-11-09 (Sports & Economics)
- NEP-TUR-2005-11-09 (Tourism 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.:
- Stephen Shmanske, 1999. "The economics of golf course condition and beauty," Atlantic Economic Journal, International Atlantic Economic Society, vol. 27(3), pages 301-313, September.
- James G. Mulligan, 2001. "The Pricing of a Round of Golf: The Inefficiency of Membership Fees Revisited," Journal of Sports Economics, , vol. 2(4), pages 328-340, November.
- Do, A Quang & Grudnitski, Gary, 1995. "Golf Courses and Residential House Prices: An Empirical Examination," The Journal of Real Estate Finance and Economics, Springer, vol. 10(3), pages 261-70, May.
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