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Research on the effect of sport on communities, specifically on the economics and financing of sports facilities and their relationship to communities, has emerged as an important area of research in sports economics and finance over the past decade. Part of this increased interest may be...
Persistent link: https://www.econbiz.de/10005427035
We estimate the economic scope of the sports industry in the United States. Drawing on a variety of data sources, we investigate the economic size of sport participation, sports viewing, and the supply and demand side of the sports market in the United States. Estimates of the size of the sports...
Persistent link: https://www.econbiz.de/10005731652
A recent IRS ruling has allowed the new Yankees Stadium construction project to be financed by a tax exempt bond offering backed by payments in lieu of taxes (PILOTS). This decision appears to contradict the spirit of the Tax Reform Act of 1986. From an economic standpoint, the question is...
Persistent link: https://www.econbiz.de/10005731679
We estimate the economic scope of the sports industry in the United States. Drawing on a variety of data sources, we investigate the economic size of sport participation, sports viewing, and the supply and demand side of the sports market in the United States. Estimates of the size of the sports...
Persistent link: https://www.econbiz.de/10005731716
We analyze a contest with stochastic participation and a prize externality. A unique symmetric equilibrium exists in the contest. We demonstrate that the presence of a prize externality affects individual equilibrium spending but active participants always face the same expected payoff as in a...
Persistent link: https://www.econbiz.de/10010797435
<Para ID="Par1">We analyze the formation of rival leagues and deterrence by incumbent leagues in professional team sports, which is one of the least studied forms of competition in sports. We first survey the economic history of professional sport leagues in North America and develop stylized facts about rival...</para>
Persistent link: https://www.econbiz.de/10011154765
Coates and Humphreys (2000) found evidence that administrators affect enrollment supply and faculty demand using a panel of eleven public colleges and universities in Maryland, implying that institutions have enough market power to permit the preferences of administrators to influence these...
Persistent link: https://www.econbiz.de/10005391110
We analyze voting on subsidies for professional sports facilities in Harris County (Houston), Texas and Brown County (Green Bay), Wisconsin to learn more about voter preferences for these subsidies. The results differ somewhat between the two jurisdictions, as do the nature of the supports being...
Persistent link: https://www.econbiz.de/10005396227
Persistent link: https://www.econbiz.de/10008284454
Over the past 20 years, state and provincial governments in North America have expanded legal gambling opportunities to consumers. One of the primary policy goals of this expansion of gambling opportunities has been to increase government revenues. Gambling is an attractive source of new...
Persistent link: https://www.econbiz.de/10008560002