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Arenas vs. Multifunctional Stadia – Which Do Spectators Prefer?

Author

Listed:
  • Arne Feddersen

    (Chair for Economic Policy, University of Hamburg)

  • Wolfgang Maennig

    (Chair for Economic Policy, University of Hamburg)

Abstract

Large sports stadia construction follows two different general concepts: (1) Mono-functional arenas which are specially suited for one sport exclusively and which are characterised by the absence of an athletic track. (2) Multifunctional sports stadia which can be used for different sporting or cultural events. Officials of clubs often argue that the atmosphere in an arena is significantly better than that of a multipurpose facility and that spectators prefer such an atmosphere. Estimated panel regressions with fixed effects show a significant positive effect of a mono-functional soccer stadium on spectator demand. Controlling for other demand determinants in the German professional soccer league, Bundesliga, an isolated effect of around 4,800 additional spectators a game can be found. This translates into a substantial increase of about 18.7% against the mean value of 25,602 spectators per Bundesliga game.

Suggested Citation

  • Arne Feddersen & Wolfgang Maennig, 2007. "Arenas vs. Multifunctional Stadia – Which Do Spectators Prefer?," Working Papers 014, Chair for Economic Policy, University of Hamburg.
    • Handle: RePEc:hce:wpaper:014
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    File URL: http://www.hced.uni-hamburg.de/WorkingPapers/014.pdf
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    Cited by:

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    2. Gabriel Ahlfeldt & Wolfgang Maennig & Michaela Ölschläger, 2009. "Lifestyles and Preferences for (Public) Goods: Professional Football in Munich," Working Papers 030, Chair for Economic Policy, University of Hamburg.
    3. Arne Feddersen & Wolfgang Maennig, 2013. "Mega-Events And Sectoral Employment: The Case Of The 1996 Olympic Games," Contemporary Economic Policy, Western Economic Association International, vol. 31(3), pages 580-603, July.
    4. Gabriel Ahlfeldt, 2007. "If Alonso Was Right: Accessibility as Determinant for Attractiveness of Urban Location," Working Papers 012, Chair for Economic Policy, University of Hamburg.
    5. Wolfgang Maennig & Marcel Porsche, 2008. "The Feel-good Effect at Mega Sports Events. Recommendations for Public and Private Administration Informed by the Experience of the FIFA World Cup 2006," Working Papers 018, Chair for Economic Policy, University of Hamburg.
    6. Gabriel Ahlfeldt, 2007. "A New Central Station for a Unified City: Predicting Impact on Property Prices for Urban Railway Network Extensions in Berlin," Working Papers 013, Chair for Economic Policy, University of Hamburg.

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    Keywords

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    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models

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