Is participation in high school athletics an investment or a consumption good?

Eide, Eric R.; Ronan, Nick

doi:10.1016/s0272-7757(00)00033-9

Cited by 118 publications

(134 citation statements)

References 21 publications

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“…Some economists have posited that the height of an individual at age 16 is a good instrumental variable for participation in sports [6], [7]. They base their claim on a study showing that height at that age is a good predictor of participation in sports [8] and on the assumption that tall teenagers are no smarter or more successful later in life than short teenagers.…”

Section: Using Instrumental Variables To Study the Impact Of Sportmentioning

confidence: 99%

“…The results of studies that use height as an instrument for participation in sports are inconclusive. One famous study set in the US finds that participating in high school sports has a highly uneven impact on later success [6]. The impact varies with the measure of success used (attending college, lifetime earnings) and with the demographic subgroup examined.…”

Section: Using Instrumental Variables To Study the Impact Of Sportmentioning

confidence: 99%

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Youth sports and the accumulation of human capital

Leeds¹

2015

izawol

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in ProsYouth sports are an investment good as well as a consumption good. Time spent in youth sports adds to cognitive skills, such as performance on standardized exams in school. Time spent in youth sports adds to non-cognitive skills, such as self-discipline and the ability to work with others, which improve performance in the labor market. Enhanced human capital improves performance in school and in the labor market. Sports form part of a school district's or local government's core mission. eleVaTOR PiTchIn response to declining budgets, many school districts in the US have reduced funding for sports. In Europe, parents may respond to difficult economic times by spending less on sports clubs for their children. Such cuts are unwise if participating in sports is an investment good as well as a consumption good and adds to students' human capital. The value of sports is hard to measure because people who already possess the skills needed to succeed in school and beyond might be more likely to participate in sports. Most studies that account for this endogeneity find that participation in youth sports improves academic and labor market performance. aUThOR's MaiN MessaGeThe economic value of youth sports depends on whether participants do better in school and at work than non-participants. It is hard to test for such impacts because sports could be either a cause or a result of greater cognitive and non-cognitive skills. This endogeneity necessitates sophisticated methods of analysis. Most evidence supports the hypothesis that sports improve cognitive and non-cognitive skills. These findings justify continued support of sports by US school districts. They also suggest that European schools might want to expand their sports programs beyond basic fitness activities or that European governments might want to subsidize private sports clubs. consYouth sports are strictly a consumption good that has no positive impact on performance elsewhere. Time spent away from academic studies diminishes students' cognitive skills, which worsens their performance in school. Time spent away from academic studies diminishes the accumulation of non-cognitive skills that are valued by employers. Participating in youth sports worsens performance in school and the labor market. Funding youth sports is a waste of public resources. Youth sports and the accumulation of human capitalPositive contributions to cognitive and non-cognitive skills justify public s...

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Section: Using Instrumental Variables To Study the Impact Of Sportmentioning

confidence: 99%

Section: Using Instrumental Variables To Study the Impact Of Sportmentioning

confidence: 99%

Youth sports and the accumulation of human capital

Leeds¹

2015

izawol

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show abstract

“…We found several studies showing a positive relationship between the household incomes and participants of sport. This means that the individual's income is an important factor in deciding to practice sport, (Eide and Ronan, 2001;Farrell and Shields, 2002;Humphreys and Ruseski, 2011). Regardless the results of these studies, the unemployed men have a greater participation at the gym than the ones that are employed.…”

Section: XXIIImentioning

confidence: 96%

“…The reasons that arise under the consumption of this kind of products and services are of different nature: bandwagon (Kastanakis and Balabanis, 2012), mimetic behavior (Girard, 1988), human herding (Raafat et al, 2009), professional success (Sarwer et al, 2003), economic prosperity (Chao and Schor, 1998;Eide and Ronan, 2001). …”

Section: XXIIImentioning

confidence: 99%