Articles in this issue:

• Economic Impact Analysis versus Cost Benefit Analysis: The Case of a Medium-Sized Sport Event, pp. 187-203

  Marijke Taks

  Stefan Kesenne

  Laurence Chalip

  Christine Green

  Scott Martyn

  This paper empirically illustrates the difference between a standard economic impact analysis (EIA) and a cost-benefit analysis (CBA). The EIA was conducted using an existing (input-output) I-O model (STEAM). The benefit side of the CBA included non-local visitor spending, the revenue of the local organizing committee (LOC), the consumer surplus, and public good value of the sport event for the local residents. The cost side of the CBA was estimated based on the opportunity costs related to the construction of the stadium (including labor costs and the cost of borrowing), imports, and...Read more

• Determinants of Individual Consumption on Sports Attendance in Spain, pp. 204-221

  Fernando Lera-López

  Manuel Rapún-Gárate

  María José Suárez

  This paper aims to contribute to the knowledge regarding individual consumption on sports attendance—a subject that has been rarely analyzed in the economic literature due to the lack of appropriate databases. Specifically, we analyze the determinants of sports attendance consumption using Spanish survey data, assuming that the consumption decision is derived from the attendance decision. In the empirical analysis, we estimate the consumption equation in reduced form, applying a Tobit model with selectivity—a special case of double-hurdle models. The data for this study came from a Spanish...Read more

• A Bibliometric Analysis of Sport Economics Research, pp. 222-244

  José Manuel Sánchez Santos

  Pablo Castellanos García

  In this paper, we carry out a bibliometric study of sports economics research indexed in the Social Sciences Citation Index (SSCI) database from 1956 to 2009. Quantitative evidence provided by some standard bibliometric indicators supports the idea that sports economics can be considered as a successful and fast-growing area. The statistical analysis of publications’ counts allows us to identify the authors, journals, and countries that have contributed in a decisive way to the progress of sports economics research. Furthermore, most recent authorship and citation concentration trends also...Read more

• The Allocation of Time to Sports and Cultural Activities: An Analysis of Individual Decisions, pp. 245-264

  Cristina Muñiz

  Plácido Rodríguez

  María J. Suárez

  Participation in sports and participation in cultural activities are usually considered separately in economic empirical studies. Because both of these activities are forms of leisure, this paper analyzes the determination of their consumption as joint and related decisions. Our theoretical framework is the neoclassical theory of the allocation of time. Our empirical analysis begins with a Constant Elasticity Substitution (CES) utility function, which we use to estimate the decision to participate in sports and cultural activities in the first stage. Conditional on the results of this...Read more

• Why the Master? Human Capital Development for Practicing U.S. Cycling Coaches, pp. 265-280

  Daniel Larson

  Joel Maxcy

  The economic structure of the industry of cycling coaches has yet to be the subject of any apparent published inquiry. This study describes the basic characteristics of practicing cycling coaches and presents economic models of the determinants of commercial success for individual coaches. Data were collected through an independent survey of current and former U.S.A. Cycling (USAC) coaches in 2010 (N = 386). Results of ordinary least squares and negative-binomial regression models suggest that coaching and competitive experience are associated with larger clienteles, but formal human...Read more