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Evaluating the Socio-Economic Efficiency of Sport Activities at Macro-Systemic Level in Romania

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  • Sebastian M?d?lin MUNTEANU

    () (Bucharest Academy of Economic Studies, Faculty of Management, Romania)

Abstract

The importance of sport activities for the sustainable developed of different nations is one topic of practical significance in nowadays life. In this line of thinking, trying to fill the gap in the specialized literature, the aim of this research is to present a specific methodology and a set of dedicated indicators for quantifying the macro-systemic efficiency of sport activities in Romania, considering the fundamental economic and social role that sports have. Therefore, the empirical analysis for evaluating the macro-systemic efficiency of sport activities in Romania is based on the following series of specific indicators: number of legitimated athletes to 100,000 inhabitants; GDP per athlete capita; elasticity of GDP according to the expenditures allocated for sport activities. (Munteanu, 2011) The links between these indicators and the corresponding implications are deeply analyzed in the paper.

Suggested Citation

  • Sebastian M?d?lin MUNTEANU, 2012. "Evaluating the Socio-Economic Efficiency of Sport Activities at Macro-Systemic Level in Romania," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 316-326, December.
  • Handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:316-326
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    Keywords

    Elasticity coefficient; Legitimated athlete; Sport efficiency; Sport federation; State expenditure for sport.;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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