Government Subsidies for Professional Team Sports in Australia
John K. Wilson and
Richard Pomfret
Australian Economic Review, 2009, vol. 42, issue 3, 264-275
Abstract:
Professional team sports represent an important aspect of Australian life. Interest is great, and a significant portion of household expenditure is directed toward sports‐related goods and services. Based on international comparisons and on the size of attendance and television revenues, the sector should be highly profitable. Yet, significant amounts of public funding and regulatory exemptions are afforded to team sports in Australia. This article analyses the magnitude and reasons for government spending that subsidises professional team sports.
Date: 2009
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https://doi.org/10.1111/j.1467-8462.2009.00536.x
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