nep-spo New Economics Papers
on Sports and Economics
Issue of 2020‒04‒20
one paper chosen by
Humberto Barreto
DePauw University

  1. Spectator demand for the sport of kings By Babatunde Buraimo; Neil Coster; David Forrest

  1. By: Babatunde Buraimo; Neil Coster; David Forrest
    Abstract: Research question: For the case of Great Britain, we construct and estimate a model to capture influences on attendances at horserace meetings. Research methods: Fixed effects regression analysis is employed in analysing a data set containing information on attendances at exactly 24,000 race-days between 2001 and 2018. Results and findings: Patterns of demand are similar to those found for other sports. E.g., attendance is higher at weekends and in the warmer months and is sensitive to the quality of the racing on offer; it falls when competing with some televised sport of national significance. Controlling for a large number of characteristics, the pattern of results on year dummies included in the specification implies considerable decline in public interest in attending race-days over the data period. Implications: The pronounced negative trend in attendance at race events suggests a need for modernisation of the sport including close attention to animal welfare issues, which might partly account for apparently growing public disillusion with the sport.
    Date: 2020–03

This nep-spo issue is ©2020 by Humberto Barreto. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.