Does sport make you happy? An analysis of the well-being derived from sports participation
Paul Downward and
Simona Rasciute ()
International Review of Applied Economics, 2011, vol. 25, issue 3, 331-348
This paper examines the impact of sports participation upon the subjective well-being of individuals. Encouraging participation in sports activity is now an important public policy issue, as it is argued that there are benefits in terms of health and well-being to individuals as well as to society through externalities. Controlling for personal and socio-demographic characteristics affecting well-being, this paper examines if participation in, and the frequency and duration of, 67 sports activities affects well-being. The form in which sports participation takes place is also investigated by examining if social-interaction sports produce more well-being. This paper demonstrates that sports participation has a positive affect upon the subjective well-being of the population and, moreover, estimates its monetary value. The effects are larger if one allows for social interactions.
Keywords: ordered choice model; heterogeneous thresholds; happiness; sports; willingness to pay measures (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:taf:irapec:v:25:y:2011:i:3:p:331-348
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