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The determinants of football match attendance revisited: Empirical evidence from the Spanish Football League
Garcia, Jaume; Rodríguez, Plácido
Universitat Pompeu Fabra. Departament d'Economia i Empresa
An attendance equation is estimated using data on individual games playedin the Spanish First Division Football League. The specification includesas explanatory factors: economic variables, quality, uncertainty andopportunity costs. We concentrate the analysis on some specificationissues such as controlling the effect of unobservables given the paneldata structure of the data set, the type of functional form and thepotential endogeneity of prices. We obtain the expected effects onattendance for all the variables. The estimated price elasticities aresmaller than one in absolute value as usually occurs in this literaturebut are sensitive to the specification issues.
15-09-2005
Labour, Public, Development and Health Economics
attendance
price elasticity
panel data
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