Sports economics is a well-established and dynamic area of study; a key component in the fields of sport management, sport science and sport studies, as well as in other areas of economics, finance and management. Covering amateur to professional sports, individual events and organised tournaments, this Handbook provides an authoritative contribution to the understanding of sport in the economy. The editors of The SAGE Handbook of Sports Economics have brought together a global team of respected scholars to create this benchmark collection of insights into sports economics. Each chapter includes a study of a specific context in which issues arise in sports economics, a critical presentation of its main theoretical contributions, an overview of current research findings, and an outline of enquiry for future research. PART I: The Nature and Value of the Sports System and Economy; PART II: Amateur Sports Participation, Supply and Impact; PART III: Professional Team Sports; PART IV: Professional Sports Leagues; PART V: Sports Events and their Impacts; PART VI: Individual Sports; and PART VII: Future Research.

Private Household Consumption in Sport

Private Household Consumption in Sport

Private household consumption in sport
Fernando Lera-López


In only 40 years there has been an incredible change in the social and economic importance of sport. Up until the 1970s, sport was predominantly a local activity, led by the voluntary sector (e.g., sports clubs). In the early 1970s, this situation began to change as the result from a variety of factors. For example, initial public investment in new sporting facilities led to an increase in sporting opportunities for many people during the 1970s and 1980s.

In the 1990s, due to a period of stagnation in public expenditure, a shift from public to private investments took place. The private sector began to play a more prominent role. At the same ...

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