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The Value of Sport and Physical Recreation to Tasmania
Citation
Muller, P and Wadsley, AGW and Adams, DW and Arthur, D and Felmingham, BS, The Value of Sport and Physical Recreation to Tasmania, Sport and Recreation Tasmania, Hobart, Tasmania, pp. 1-17. (2010) [Government or Industry Research]
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Abstract
This report introduces a model of 'Sport and Physical Recreation Value' that locates the discrete values of Sport and Physical Recreation (SPR) and, for the first time, illustrates the dynamic way they interact. The model used in this report estimates the costs and benefits of SPR in a single region, Tasmania.
Our principal finding is that although the current levels of investment in SPR yield a strong return, a more economically efficient outcome can be achieved by increasing the regular rate of participation. For example. a 10 per cent increase in SPR participation would generate an additional $905.3 million in annual benefits. The model proposed by this report is therefore a useful tool for enabling and explaining cost benefit analysis. and for evaluating SPR policy alternatives in support of this aim.Item Details
| Item Type: | Government or Industry Research |
|---|---|
| Keywords: | sport, physical recreation, Tasmania, economic value |
| Research Division: | Economics |
| Research Group: | Applied Economics |
| Research Field: | Welfare Economics |
| Objective Division: | Cultural Understanding |
| Objective Group: | Arts and Leisure |
| Objective Field: | Organised Sports |
| Author: | Muller, P (Mr Paul Muller) |
| Author: | Wadsley, AGW (Mr Alexis Wadsley) |
| Author: | Adams, DW (Professor David Adams) |
| Author: | Felmingham, BS (Dr Bruce Felmingham) |
| ID Code: | 75134 |
| Year Published: | 2010 |
| Deposited By: | Australian Innovation Research Centre |
| Deposited On: | 2012-01-11 |
| Last Modified: | 2014-11-25 |
| Downloads: | 267 View Download Statistics |
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