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Persistent link: https://www.econbiz.de/10009565171
Accidents happen, but more so in the American League -- The legendary power of the on-deck hitter -- The extinct left-handed catcher -- Lobbying for balls and strikes -- How good is Leo Mazzone? -- Big city vs. small city -- The Marlins and Indians, c'mon -- The evolution of baseball talent --...
Persistent link: https://www.econbiz.de/10003364902
This analysis examines the novelty effect from new modern stadiums in the four major US-based professional sports leagues using a robust difference-in-differences event study approach. Estimates identify an immediate positive attendance shock from new venues that diminishes to...
Persistent link: https://www.econbiz.de/10014347914
Though researchers have demonstrated conclusively that sports stadiums are not economic development catalysts, stadium projects that include pre-planned ancillary developments have been proposed as a salutary strategy to overcome the widely observed dismal economic performance of standalone...
Persistent link: https://www.econbiz.de/10014350525
A unique aspect of Major League Soccer (MLS) among professional sports leagues is that it operates with a single-entity ownership structure in which teams are managed by a group of co-investors rather than individual team owners in a joint venture. Revenue-sharing from a common pool raises the...
Persistent link: https://www.econbiz.de/10012858002
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Georgia offers the most generous incentives for motion picture and video production in the United States, providing a tax credit of up to 30 percent of qualified expenditures for film and video production within the state. Though the tax credits represent a significant cost to Georgia's treasury...
Persistent link: https://www.econbiz.de/10012848850
Local government funding of sports stadiums is frequently justified as stimulating economic activity despite consensus contrary findings in the academic literature. Though some studies have identified positive neighborhood effects from stadiums on nearby residential property, scant research...
Persistent link: https://www.econbiz.de/10012828693
This study examines the determinants of Major League Soccer team attendance during the league's recent era of growth. Estimates indicate that regular-season on-field performance is positively associated with attendance, but the returns to success are diminishing. Positive novelty effects are...
Persistent link: https://www.econbiz.de/10012897133
During the early days of professional baseball, the dominant major leagues imposed a “reserve clause” designed to limit player wages by restricting competition for labor. Entry into the market by rival leagues challenged the incumbent monopsony cartel's ability to restrict compensation....
Persistent link: https://www.econbiz.de/10012970553