IDEAS home Printed from https://ideas.repec.org/p/sek/iacpro/6509303.html
   My bibliography  Save this paper

Value of Public Goods Generated by National Sport Training Center (NSTC): The CVM Approach

Author

Listed:
  • Nantarat Tangvitoontham

    (Faculty of Economics, Srinakharinwirot University)

Abstract

This research objects to value of a public investment project, National Sport Training Center (NSTC), which generates valuable public goods and positive externalities, though such benefits are difficult to measure. It specifically describes the use of the Contingent Valuation Method (CVM) to conduct such surveys and to analyze the data to measure the benefits produced by sports public goods. The survey showed the feasibility of using the CVM to estimate willingness-to-pay for sports public goods. Also, to answered the question of how much sports are worth since the government has subsidized the construction the NSTC. The valuation of public goods are examined. The data and analysis indicate that NSTC can produce public goods such as national pride and spirit and the value of those public goods may be substantial. The study found that the willingness to pay on national pride and spirit are depended on gender, occupation, income, and attention to sports. The result shown that national spirit value averagely equals 19.24 baht per month and national pride is averagely 20.22 baht per month.

Suggested Citation

  • Nantarat Tangvitoontham, 2018. "Value of Public Goods Generated by National Sport Training Center (NSTC): The CVM Approach," Proceedings of International Academic Conferences 6509303, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iacpro:6509303
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/40th-international-academic-conference-stockholm/table-of-content/detail?cid=65&iid=061&rid=9303
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    contingent valuation method; public goods; sport economics;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:sek:iacpro:6509303. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Klara Cermakova (email available below). General contact details of provider: https://iises.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.