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.

NASCAR Economics

NASCAR Economics

NASCAR economics
Peter von Allmen

Compared to other areas of sports economics, the literature related to auto racing, and more specifically NASCAR, is relatively new. While one can easily find publications that number into the hundreds in most major North American sports and European football that date back well over 50 years, most research on NASCAR has occurred in the last 20 years, with a significantly smaller total volume of work. Given the wealth of opportunities to test hypotheses in the areas of labor supply and incentives, economic impact, demand and others, as well as the prominence of NASCAR on the American sports landscape, this is surprising. Though less-so elsewhere, NASCAR is very popular in the United States. This is ...

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