Please use this identifier to cite or link to this item:
|Title:||The Peculiar Economics of Government Policy towards Sport|
|Citation:||Agenda: A Journal of Policy Analysis and Reform, 2011; 18(1):85-98|
|Richard Pomfret and John K. Wilson|
|Abstract:||Professional team sports enjoy subsidies from government, as well as regulatory exemption from standards that apply to other sectors of the economy. The Australian sports economics literature has, however, focused on competitive balance, with few studies examining government policies. This paper examines government policies such as subsidies, mega-event bidding, salary caps and player draft systems. We argue that the peculiar nature of professional sports provides some justification for such distinctive government policies. However, there is need for greater transparency, better-directed funding, and genuine public debate on some of these policies to enable considered evaluation of their benefits and costs.|
|Rights:||© 2011 ANU E Press|
|Appears in Collections:||Economics publications|
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.