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Join the Club - On the Attractiveness of Golf Club Membership

Author

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  • Johan Lundberg

  • Sofia Lundberg

Abstract

This 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

Suggested Citation

  • Johan Lundberg & Sofia Lundberg, 2004. "Join the Club - On the Attractiveness of Golf Club Membership," ERSA conference papers ersa04p242, European Regional Science Association.
    • Handle: RePEc:wiw:wiwrsa:ersa04p242
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    References listed on IDEAS

    as
    1. James G. Mulligan, 2001. "The Pricing of a Round of Golf," Journal of Sports Economics, , vol. 2(4), pages 328-340, November.
    2. 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 261-270, May.
    3. Stephen Shmanske, 1999. "The economics of golf course condition and beauty," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 27(3), pages 301-313, September.
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    More about this item

    Keywords

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    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)

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