Price, Income & Unemployment Effects on Greek Professional Football

Vassiliki Avgerinou () and Stefanos Giakoumatos ()
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Vassiliki Avgerinou: University of Peloponnese
Stefanos Giakoumatos: The Highest Institute for Technological Education of Kalamata

No 907, Working Papers from International Association of Sports Economists, North American Association of Sports Economists

Abstract: Based on data of 26 Greek professional football clubs of Division A’ and B’ for 16 seasons (1991/92-2006/07), we investigate the effect of sporting and economic variables on the attendance in Greek football stadia. Price, income and unemployment are found to be statistically significant in the small Greek football market, while controlling for classic sporting determinants of demand such as success, entertainment and promotion/relegation. We include two more dummy variables; one for the new stadia constructed for the Olympic Games of 2004 and one for the enthusiasm effect of the EURO 2004 victory by the Greek National Team.

Keywords: Greek Football; Football Demand; Attendance (search for similar items in EconPapers)
JEL-codes: L83 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2009-06
New Economics Papers: this item is included in nep-lab and nep-spo
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Citations: View citations in EconPapers (2)

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