An attendance equation is estimated using data on individual games played in the Spanish First Division Football League. The specification includes as explanatory factors: economic variables, quality, uncertainty and opportunity costs. We concentrate the analysis on some specification issues such as controlling the effect of unobservables given the panel data structure of the data set, the type of functional form and the potential endogeneity of prices. We obtain the expected effects on attendance for all the variables. The estimated price elasticities are smaller than one in absolute value as usually occurs in this literature but are sensitive to the specification issues.
An attendance equation is estimated using data on individual games played in the Spanish First Division Football League. The specification includes as explanatory factors: economic variables, quality, uncertainty and opportunity costs. The authors concentrate the analysis on some specification issues such as controlling the effect of unobservables given the panel data structure of the data set, the type of functional form, and the potential endogeneity of prices. The authors obtain the expected effects on attendance for all the variables. The estimated price elasticities are, in general, smaller than one in absolute value but are sensitive to the specification issues, in particular, the endogeneity of prices.
This research is intended to assess the determinants of the television (TV) audience in Spain for professional cycling. Our data refer to cycling races broadcast on several Spanish TV channels and make it possible to compute three different audience variables: rating, share, and number of viewers. The most original contributions of this research are the new indicators of competitive balance for cycling races that are proposed here. The outcomes show that audience ratings depend mainly on the following features: competitive balance, the type of stage and race, the nationality of the race leader, and inertial behaviors on the part of viewers.
In this paper, we analyse the frequency of individual attendance at cultural events comparing two econometric specifications-the zero-inflated negative binomial (ZINB) count data model and the double-hurdle model. Moreover, we address in detail the effect of education and economic variables-hourly earnings and non-labour income-on cultural demand. We use the Spanish Time Use Survey (Encuesta de Empleo del Tiempo) 2002-2003 and focus on working-age adults, running separate estimates by gender. Our results confirm that the ZINB model is more suitable to our data than the double-hurdle one. We also conclude that education and income-related variables are important determinants of both the probability of participating and the frequency of participation.
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