Final published version
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - An analysis of consumer response to corruption
T2 - Italy’s Calciopoli scandal
AU - Buraimo, Babatunde
AU - Migali, Giuseppe
AU - Simmons, Robert
PY - 2016/2
Y1 - 2016/2
N2 - The Calciopoli episode affecting Italian football in the 2005–6 season serves as an opportunity for an empirical investigation into consumer (fan) behavior, following league-imposed punishments on clubs whose officials were found guilty of corrupt practices.Using a difference-in-differences estimation method, we find that home attendances for convicted teams fell by around 16%, relative to those clubs not subject to punishment.We show further that the fall in attendances resulted in non-trivial gate revenue reductions.Our results suggest that a sizeable number of fans of the punished clubs were subsequently deterred from supporting their teams inside the stadium.
AB - The Calciopoli episode affecting Italian football in the 2005–6 season serves as an opportunity for an empirical investigation into consumer (fan) behavior, following league-imposed punishments on clubs whose officials were found guilty of corrupt practices.Using a difference-in-differences estimation method, we find that home attendances for convicted teams fell by around 16%, relative to those clubs not subject to punishment.We show further that the fall in attendances resulted in non-trivial gate revenue reductions.Our results suggest that a sizeable number of fans of the punished clubs were subsequently deterred from supporting their teams inside the stadium.
U2 - 10.1111/obes.12094
DO - 10.1111/obes.12094
M3 - Journal article
VL - 78
SP - 22
EP - 41
JO - Oxford Bulletin of Economics and Statistics
JF - Oxford Bulletin of Economics and Statistics
SN - 0305-9049
IS - 1
ER -