Buraimo, Babatunde and Migali, Giuseppe and Simmons, Robert (2016) An analysis of consumer response to corruption:Italy’s Calciopoli scandal. Oxford Bulletin of Economics and Statistics, 78 (1). pp. 22-41. ISSN 0305-9049
Full text not available from this repository.Abstract
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.