Arenas vs. Multifunctional Stadia – Which Do Spectators Prefer?

Arne Feddersen and Wolfgang Maennig

No 14, Working Papers from 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.

Keywords: Demand for sport; soccer; mono-functional arenas; multifunctional stadia (search for similar items in EconPapers)
JEL-codes: C23 C24 L83 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2007-09
New Economics Papers: this item is included in nep-cul and nep-spo
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Published in Journal of Sports Economics, 10(2), 180-191.

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http://www.hced.uni-hamburg.de/WorkingPapers/014.pdf First version, 2007 (application/pdf)

Related works:
Working Paper: Arenas vs. Multifunctional Stadia – Which Do Spectators Prefer? (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:hce:wpaper:014

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