Please use this identifier to cite or link to this item: http://hdl.handle.net/2440/103295
Citations
Scopus Web of Science® Altmetric
?
?
Type: Journal article
Title: Who sits in Australia's grandstands?
Author: Wilson, J.
Siegfried, J.
Citation: Journal of Sports Economics, 2018; 19(3):389-397
Publisher: Sage
Issue Date: 2018
ISSN: 1527-0025
1552-7794
Statement of
Responsibility: 
John K. Wilson, and John J. Siegfried
Abstract: Numerous sports stadiums in Australia have been renovated or built from scratch in the past two decades, funded in whole or part by public subsidies. This note focuses on one particular group that benefits from subsidies—those spectators who attend live sporting events. A portion of the benefits from subsidies provided by government are captured as increased consumer surplus by sporting fans. Thus, the income and wealth position of these fans are of interest to those deciding whether to subsidize a facility. On the other side of the equation, the taxes which fund sporting facilities are to a large degree state and local levies, which are mostly regressive, taking a larger portion of the income of lower and middle income than of higher income taxpayers because savings are usually exempt from the relevant taxes. Using data from the Household Expenditure Survey (1988-1989, 2009-2010), we analyze various financial status characteristics of those who pay to attend sporting events in Australia. We find that those who buy tickets to sporting events have higher annual incomes and greater wealth than Australians who do not purchase tickets to sporting events. Hence, whilemedia and policy makers may view such funding as subsidizing ‘‘working man’s recreation,’’ our results suggest that funding of sporting arenas should be assessed through the lens of correcting market failures rather than equity considerations.
Keywords: stadium funding; subsidies; spectator income and wealth
Rights: © The Author(s) 2016
RMID: 0030061134
DOI: 10.1177/1527002516656728
Appears in Collections:Economics publications

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.