Ahlfeldt, Gabriel M.; Kavetsos, Georgios - London School of Economics (LSE) - 2014
for unobserved spatial heterogeneity, anticipation effects, and disentangles the stadium’s function as a sports facility … largest stadium projects of the recent decade, the New Wembley and the Emirates Stadium in London. Our results suggest there … are positive stadium effects on property prices, which are large compared to construction costs. Notable anticipation …