A qualitative analysis of the economic profile of athletes

Abstract

In the present study, the socio-economic profile of the athletes was analyzed. Over a hundred athletes’ were selected by disproportionate stratified sampling. Dependent and independent variables were used to assess the socio-economic status including education status, place of residence, annual family income, annual expenditure of athletes’ and annual sports expenditure. The objective of this research is to analyze the family income and patterns of expenditure among athletes of different sports. Descriptive and inferential statistics were used to analyze the relationship between income and expenditure; chi-square was used to test the hypothesis and one way ANOVA was used to analyze the differences between the variables. In the study, income status was categorized into three levels viz. median, percentile and quartile values and reported that the majority of the athlete belongs to low-income group. Results further revealed that athletes annually spend 15.27% of their mean annual family income and spent around 16.15% on the purchase of sports items. Family income has a significant effect on the annual expenditure of the athlete.