IDEAS home Printed from https://ideas.repec.org/a/ags/apstra/210594.html
   My bibliography  Save this article

The relevance of sports financing

Author

Listed:
  • Nagy-Becsky, Patricia
  • Dekan, Tamas
  • Szoke, Reka
  • Bacs, Zoltan

Abstract

According to estimations sports exploit approximately two percent of world GDP. In addition sports represent an important function in culture, socialization and also in education, act an outstanding role in economy, as well, though academic researchers cannot find positive relationship between sports financing and economic growth. Sports were originally civil actions, with non-profit nature, where they did not aspire to reach high returns, but fulfilment of sport itself. However returns can be realized and reinvested in sports. This paper tries to collect the different aspects of sports financing in order to highlight its relevance.

Suggested Citation

  • Nagy-Becsky, Patricia & Dekan, Tamas & Szoke, Reka & Bacs, Zoltan, 2015. "The relevance of sports financing," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-4, March.
    • Handle: RePEc:ags:apstra:210594
    DOI: 10.22004/ag.econ.210594
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/210594/files/Pages_from_APSTRACT_2015_1-2_04_web.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.210594?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Becsky, Andras, 2011. "The Application Of Balanced Scorecard In Team Sports," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 5(3-4), pages 1-4.
    2. Herczeg, Adrienn & Orban, Ildiko & Dekan, Tamas & Nagy-Becsky, Patricia & Fenyves, Veronika, 2015. "Specialities of the Corporate Tax in Connection with the Sports Organizations," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-4, March.
    3. John Siegfried & Andrew Zimbalist, 2002. "A Note on the Local Economic Impact of Sports Expenditures," Journal of Sports Economics, , vol. 3(4), pages 361-366, November.
    4. Becsky, Andras & Orban, Ildiko & Dekan, Tamas & Bacs, Zoltan & Herczeg, Adrienn, 2015. "Financing and operating questions of sports facilities," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 9(1-2), pages 1-4, March.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Matthew Rousu & Dave Ramsaran & Dylan Furlano, 2015. "Guidelines for Conducting Economic Impact Studies on Fracking," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 21(2), pages 213-225, May.
    2. Deepak Premkumar & Austin Quackenbush & Georgeanne Artz & Peter Orazem, 2013. "If You Build it, Will They Come?: Fiscal Federalism, Local Provision of Public Tourist Amenities, and the Vision Iowa Fund," The Review of Regional Studies, Southern Regional Science Association, vol. 43(2,3), pages 155-173, Winter.
    3. Gabe, Todd & Lisac, Nicholas, 2013. "Local Economic Impacts of Popular Music Concerts," MPRA Paper 65911, University Library of Munich, Germany.
    4. Rui Du & Junfu Zhang, 2022. "Super bowl participation and the local economy: Evidence from the stock market," Growth and Change, Wiley Blackwell, vol. 53(4), pages 1513-1545, December.
    5. Baade, Robert A. & Matheson, Victor A., 2012. "Professional sports, hurricane Katrina, and the economic redevelopment of New Orleans," Edition HWWI: Chapters, in: Büch, Martin-Peter & Maennig, Wolfgang & Schulke, Hans-Jürgen (ed.), Zur Ökonomik von Spitzenleistungen im internationalen Sport, volume 3, pages 123-146, Hamburg Institute of International Economics (HWWI).
    6. Bernard F. Lentz & David N. Laband, 2008. "The Impact of College Athletics on Employment in the Restaurant and Accommodations Industries," Working Papers 0803, International Association of Sports Economists;North American Association of Sports Economists.
    7. Fair Mweemba Hamusoogwa & Ferdinand Mwaka Chipindi, 2022. "Perspectives on the Utilisation of Football Facilities in Monze District," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 9(4), pages 48-53, April.
    8. Robert A. Baade & Victor A. Matheson, 2012. "An Evaluation of the Economic Impact of National Football League Mega-Events," Sports Economics, Management, and Policy, in: Kevin G. Quinn (ed.), The Economics of the National Football League, edition 127, chapter 0, pages 243-258, Springer.
    9. Robert Baumann & Bryan Engelhardt & Victor A. Matheson, 2012. "Labor Market Effects of the World Cup: A Sectoral Analysis," Chapters, in: Wolfgang Maennig & Andrew Zimbalist (ed.), International Handbook on the Economics of Mega Sporting Events, chapter 22, Edward Elgar Publishing.
    10. Sepulveda, Cristian F., 2023. "Cost–Benefit Analysis of an “Average” Professional Sports Team or Stadium in the United States," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 14(3), pages 451-477, October.
    11. Nola Agha, 2013. "The Economic Impact of Stadiums and Teams," Journal of Sports Economics, , vol. 14(3), pages 227-252, June.
    12. Robert W. Wassmer & Ryan S. Ong & Geoffrey Propheter, 2016. "Suggestions for the Needed Standardization of Determining the Local Economic Impact of Professional Sports," Economic Development Quarterly, , vol. 30(3), pages 252-266, August.
    13. Lasse Steiner & Bruno Frey & Simone Hotz, 2015. "European Capitals of Culture and life satisfaction," Urban Studies, Urban Studies Journal Limited, vol. 52(2), pages 374-394, February.
    14. Michael Sam & Jay Scherer, 2006. "The Steering Group as Policy Advice Instrument: A Case of “Consultocracyâ€\x9D in Stadium Subsidy Deliberations," Policy Sciences, Springer;Society of Policy Sciences, vol. 39(2), pages 169-181, June.
    15. Victor Matheson & Robert Baade, 2004. "Padding Required: Assessing the Economic Impact of the Super Bowl," Working Papers 0403, College of the Holy Cross, Department of Economics.
    16. Mills, Brian M. & Rosentraub, Mark S., 2013. "Hosting mega-events: A guide to the evaluation of development effects in integrated metropolitan regions," Tourism Management, Elsevier, vol. 34(C), pages 238-246.
    17. Karima Kourtit & Peter Nijkamp & Roger R. Stough (ed.), 2015. "The Rise of the City," Books, Edward Elgar Publishing, number 15798.
    18. Eiji Yamamura, 2017. "Identity, nostalgia and happiness among migrants: The case of the KÅ shien High School Baseball Tournament in Japan," Pacific Economic Review, Wiley Blackwell, vol. 22(5), pages 792-813, December.
    19. Robert Baumann & Victor A. Matheson, 2013. "Estimating economic impact using ex post econometric analysis: cautionary tales," Chapters, in: Plácido Rodríguez & Stefan Késenne & Jaume García (ed.), The Econometrics of Sport, chapter 10, pages 169-188, Edward Elgar Publishing.
    20. KOVÁCS Edit Veronika & HARANGI-RÁKOS Mónika, 2020. "Cities Vs The Countryside €“ Pros And Cons Of Urban And Rural Life," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 530-539, July.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:apstra:210594. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.apstract.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.