Flatau, Jens; Pierdzioch, Christian; Pitsch, Werner; … - In: Schmollers Jahrbuch : Journal of Applied Social Science … 131 (2011) 4, pp. 599-623
Potential positive external effects of sports clubs often serve to justify their public subsidization. We study the effects of subsidies that sports clubs receive in the form of direct monetary financial transfers from public authorities and sport federations. To this end, we study a panel...