DOI: 10.1002/mde.4158 ISSN: 0143-6570
Game changers or money pits? Asymmetric impact of sports facilities investment on football revenue
Wanxia Tang, Xiaolin Zhang- Management of Technology and Innovation
- Management Science and Operations Research
- Strategy and Management
- Business and International Management
Abstract
Our investigation explores the asymmetric association between sports facilities investment and football revenue in the top 10 nations with the highest sports facilities investment. This study employs a distinctive methodology, “Quantile‐on‐Quantile,” to probe the interconnectedness of time series within each country. The findings reveal that investments in sports facilities have a predominantly positive impact on football revenue in the selected economies, particularly in various segments of the data distribution. It underscores the importance of implementing policies that maximize the effect of sports facilities investment on football revenue and inform public policy decisions.