Theoretical and Applied Economics
No. 10 / 2012 (575)
Spending Power and match attendance: is Romanian football a normal or an inferior good?
The Bucharest University of Economic Studies
Abstract. Drawing on a database containing information on spending power of individuals and match attendance in the national football championship for 2006-2010, this research has the purpose to find out whether Romanian football is a normal or an inferior good. For making the correlation between the two economic proxys, the bivariate analysis function in SPSS was used. The results show a significant and negative correlation between the variables, indicating that football is an inferior good. In the discussion section, the paper presents some of the reasons that made local soccer reach inferiority and shows suggestions that could be implemented in order to not allow further coverage and attendance losses to occur due to the inferior status. The paper contributes to a better understanding of the local football industry, the latter one lacking economic and business oriented management which could make it more performant.
Keywords: championship; football; inferior good; match attendance; spending power.
Contents
- Use of fixed income products
within a company's portfolio
Vasile DEDU
Dan Costin NIŢESCU
- An empiric approach of the FDI-taxation
relationship in Romania
Ioan TALPOȘ
Bianca Maria LUDOŞEAN (STOICIU)
- Public-private partnership role in increasing
the quality of the health insurance services
Dan CONSTANTINESCU
- The economic integration:
concept and end of process
Liviu C. Andrei
- The readiness of employees
for the future society.
Case study
Lorena BĂTĂGAN
Daniela Luminiţa CONSTANTIN
- Transition to a green economy – a challenge
and a solution for the world economy
in multiple crisis context
Alina-Mihaela BABONEA
Radu-Marcel JOIA
- A VAR analysis of the connection between FDI
and economic growth in Romania
Bianca Maria LUDOŞEAN (STOICIU)
- EU budget reform in the context of the current
economic crisis
Ionela POPA
Denisa PARPANDEL
Diana CODREANU
- Technological innovation as a mean
to increase economic competitiveness
Daniela VASILE
Viorel VULTURESCU