Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 4 of 4
Full-Text Articles in Social and Behavioral Sciences
Selling The Big Game: Estimating The Economic Impact Of Mega-Events Through Taxable Sales, Robert Baade, Robert Baumann, Victor Matheson
Selling The Big Game: Estimating The Economic Impact Of Mega-Events Through Taxable Sales, Robert Baade, Robert Baumann, Victor Matheson
Economics Department Working Papers
Professional sports leagues, franchises, and civic boosters, have used the promise of an all star game or league championship as an incentive for host cities to construct new stadiums or arenas at considerable public expense. Past league-sponsored studies have estimated that Super Bowls, All-Star games and other sports mega-events increase economic activity by hundreds of millions of dollars in host cities. Our analysis fails to support these claims. Our detailed regression analysis of taxable sales in Florida over the period 1980 to 2004 reveals that on, average, mega-events ranging from the World Cup to the World Series have been associated …
Striking Out? The Economic Impact Of Major League Baseball Work Stoppages On Host, Victor Matheson, Robert Baade
Striking Out? The Economic Impact Of Major League Baseball Work Stoppages On Host, Victor Matheson, Robert Baade
Economics Department Working Papers
Major League Baseball teams have used the lure of economic riches as an incentive for cities to construct new stadiums at considerable public expense. Estimates of the economic impact of a MLB on host communities have typically been in the vicinity of $300 million. Our analysis suggest these numbers are wildly inflated. Using the baseball strikes of 1981, 1994, and 1995 as test cases, we find the net economic impact for a MLB team on a host city of $16.2 million under one model and $132.3 million under a second model.
The Paradox Of Championships: Be Careful What You Wish For, Sports Fans, Victor Matheson, Robert Baade
The Paradox Of Championships: Be Careful What You Wish For, Sports Fans, Victor Matheson, Robert Baade
Economics Department Working Papers
This paper examines issues related to the economic impact of sports championships on the local economy of host cities. While boosters frequently claim a large positive effect of such championships, a closer examination leads to the conclusion that the impact is likely much smaller than touted and may even be negative.
A Fall Classic? Assessing The Economic Impact Of The World Series, Victor Matheson, Robert Baade
A Fall Classic? Assessing The Economic Impact Of The World Series, Victor Matheson, Robert Baade
Economics Department Working Papers
An empirical analysis of the economic impact of the Major League Baseball’s postseason on host-city economies from 1972-2001 suggests that any economic benefits from the playoff are small or non-existent. An examination of 129 playoff series finds that any increase ineconomic growth as a result of the post-season is not statistically significantly different than zero and that a best guess of the economic impact is $6.8 million per home game. As a general method of economic development, public support of a baseball team’s attempt to reach the World Series should be seen as a gamble at best.