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.
Contents
Use of fixed income products within a company's portfolio
An empiric approach of the FDI-taxation relationship in Romania
Public-private partnership role in increasing the quality of the health insurance services
The economic integration: concept and end of process
The long run relationship between foreign direct investments, exports, and gross domestic product: panel data implications
Spending Power and match attendance: is Romanian football a normal or an inferior good?
The readiness of employees for the future society. Case study
Transition to a green economy – a challenge and a solution for the world economy in multiple crisis context
A VAR analysis of the connection between FDI and economic growth in Romania
EU budget reform in the context of the current economic crisis
Technological innovation as a mean to increase economic competitiveness