The usefulness of economic theory in the sport market

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1. Introduction Football has been one of the most well supported sports in China since it was introduced in the 1900s. In 1994, the Chinese Professional Soccer League (CPSL) was established. Under the direct supervision of the Chinese Football Association (CFA's) Professional League Committee, this nationwide league was divided into Divisions 1 and 2. From 1994 to 2004, the top flight of professional football was "Jia A" (Jia in Chinese means top or first). The China Football Association Super League (CSL) …

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…visit 25 November 2005) Leeds, M and Allmen, P, V (2005), The Economics of Sports, Person Addison Wesley, 13-49, 67-253 The Chinese Football Industry Development Crop. Official website http://www.chinafootball.com.cn/gsjj.htm (visit 10 November 2005) The East Asian Football Federation Official Website http://www.eaff.com/index.html ( visit 15 November 2005) Trenberth, L (2003), Managing the Business of Sport, Dummore Press, 33-47 Wilcox, R,C (1994) Sport in the Global Village, Fitness Information Technology, United States of America, 395-413