IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Football Pool Sales: How Important Is a Football Club in the Top Division?

  • Jaume García

    (Universitat Pompeu Fabra)

  • Leví Pérez

    ()

    (Universidad de Oviedo)

  • Plácido Rodríguez

    (Universidad de Oviedo)

Having a top professional sport team in a geographical area has many potential economic impacts. In this paper we analyze the effect of having a professional football team in the Spanish First or Second Division in a certain province on the amount of sales of football pools in Spain (La Quiniela). To carry out the empirical exercise we estimate a demand equation using a panel data set at the provincial level for the years 1985-2005, merging the traditional economic models in the lotto demand literature: the effective price model and the jackpot model. Our results show that having a club in the top divisions has a significant effect on sales of La Quiniela. Moreover, previous results using fixture (round) data are confirmed in this paper. We also provide evidence showing La Quiniela bets to be a normal good and, as an implicit tax, regressive.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://wvuecommerce.wvu.edu/index.cfm?do=product.products&id=64736841_91w&category_id=70&sub_cat_id=470
Download Restriction: Full-text download requires subscription from FIT.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Fitness Information Technology in its journal International Journal of Sport Finance.

Volume (Year): 3 (2008)
Issue (Month): 3 (August)
Pages: 167-176

as
in new window

Handle: RePEc:jsf:intjsf:v:3:y:2008:i:3:p:167-176
Contact details of provider: Web page: http://www.fitinfotech.com/

Order Information: Web: http://www.fitinfotech.com/IJSF/IJSFbackissueWVU.tpl

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:jsf:intjsf:v:3:y:2008:i:3:p:167-176. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.