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This paper analyzes the net impacts of college football games on the sales tax revenues and taxable sales of four mid-sized cities in Texas. The paper addresses the question in the title, but also asks whether state policy makers might be justified in encouraging schools in their state to play...
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Using data from the 2007, 2008, and 2009 NASCAR seasons, this paper shows that the uncertainty of outcome hypothesis pertains to both race attendance and television audience, with the former only responding to race-level uncertainty and the latter responding to both race-level and season-level...
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This paper investigates the impact of professional sporting events on the daily revenue of a particular restaurant in Charlotte, NC. The daily data allow us to test for the impact of professional basketball and professional football games on daily revenues. For this particular firm, professional...
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We empirically investigate whether there is any statistically and economically meaningful correlation between the success a nation’s soccer team in the FIFA World Cup Finals and that nation’s real per-capita GDP growth. Using an unbalanced panel of countries from 1950 through 2004, we find...
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