Showing 1 - 10 of 33
This paper evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10009279921
Countries vigorously compete for sports mega-events in hopes of generating an economic impact during the event but also … of an economy legacy from the mega-sports event. …
Persistent link: https://www.econbiz.de/10010690310
This paper examines public financing of professional sports facilities with a focus on both early and recent … developments in taxpayer subsidization of spectator sports. The paper explores both the magnitude and the sources of public funding … for professional sports facilities. …
Persistent link: https://www.econbiz.de/10008800280
This paper examines the profitability of Division I athletic programs at colleges and universities in the United States under a variety of accounting definitions of profit. The data identify several broad themes. First, a majority of athletic departments rely heavily on direct and indirect...
Persistent link: https://www.econbiz.de/10008800281
Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The rapid investment in long-lasting physical stocks raises questions of equity and efficiency for national taxpayers and event attendees....
Persistent link: https://www.econbiz.de/10010575346
Civic boosters generally have estimated the Super Bowl to have an impact of $300 to $400 million on a host city’s economy. The National Football League has used the promise of an economic windfall to convince skeptical cities that investments in new stadiums for their teams in exchange for the...
Persistent link: https://www.econbiz.de/10005526889
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...
Persistent link: https://www.econbiz.de/10005526894
Previous research has concluded that the 1981 and 1994/95 Major League Baseball (MLB) strikes have caused short-term losses in attendance but have not resulted in any long-term effects on attendance. While total attendance at MLB games following the 1994/95 strike has recovered to its pre-strike...
Persistent link: https://www.econbiz.de/10005526895
This paper provides an empirical examination of the economic impact of spectator sports on local economies. Confirming … the results of other ex post analyses of sports in general, this paper finds no statistically significant evidence that …
Persistent link: https://www.econbiz.de/10005004165
is one of the first in the academic literature of the impact of sports, these gains pale in comparison to the figures in …
Persistent link: https://www.econbiz.de/10005004166