Local governments routinely subsidize sports stadiums and arenas using the justification
that hosting professional franchises produces economic development and social benefits in …

Sport mega-events have taken on an elevated profile and assumed a key role as urban and
regional development strategies. While a number of studies have investigated the potential …

Sport is perceived to have the potential to alleviate a variety of social problems and
generally to 'improve'both individuals and the communities in which they live. Sport is …

Academic interest in the economics of professional team sports dates back as far as the mid-
1950s. Since then, many books and journal articles have been written on the subject. Much …

Government contributions to the funding of major league facilities ipso facto recognize that
some portion of the benefits accruing from such facilities accrue to the public in general …

Using a contingent valuation survey, this paper provides the first empirical test of the
proposition that intangible impacts might justify hosting major sporting events on cost …

This paper empirically illustrates the difference between a standard economic impact
analysis (EIA) and a cost-benefit analysis (CBA). The EIA was conducted using an existing …

Local political and community leaders and the owners of professional sports teams
frequently claim that professional sports facilities and franchises are important engines of …

Major sporting events such as the Olympics are usually assessed in terms of economic
impacts. Recently, policy makers have begun to place greater emphasis on possible …

We use hedonic rent and wage equations to measure compensating differentials in central
cities and metropolitan areas with franchises of the National Football League. Rents are …