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.

The Economic Value of Sport

The Economic Value of Sport

The economic value of sport
Themis Kokolakakis Chris Gratton Günther Grohall

IntroductionOverview of Developments in the UK and the EU

Since the mid-1980s, a systematic study of the sport economy began in the UK and in Europe focusing on sport and its impact on the economy. Such an impact was defined primarily in terms of employment, output and consumer spending. In the UK the economic importance of sport was studied first by the Henley Centre for Forecasting (1986 and 1992) and the Leisure Industries Research Centre (1997). Many other European countries (e.g. the Netherlands, Belgium, Finland, Denmark, France and Germany) carried out similar studies in the 1980s and 1990s. Jones ...

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