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This paper investigates the effects of the recent economic crisis on Major League Baseball (MLB) attendance during the 2008 and 2009 seasons, adopting the composite index of coincident indicators released by the Federal Reserve Bank of Philadelphia to capture the impact of economic...
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Surveys of patrons of the 2011 Baltimore Grand Prix provide evidence of the economic impact of the event that is vastly smaller than the projections by the events promoter, Baltimore Racing Development. Our best estimate of the gross spending impact of the event is about $25 million, while the...
Persistent link: https://www.econbiz.de/10010670814
There is a rich literature addressing the paradox of not voting and election turnout from both theoretical and empirical perspectives. By taking advantage of a unique dataset from an “experimental” setting, this paper is the first to estimate the utility that drives the “civic duty” or...
Persistent link: https://www.econbiz.de/10010670818
This paper explores the impact of professional sports teams and stadiums on the wages of individuals employed in several narrowly defined occupational groups in cities in the United States. The occupational groups examined are among those that proponents of public funding of professional sports...
Persistent link: https://www.econbiz.de/10005169581
We examine the relationship between attendance, uncertainty of outcome, and team quality in the National Hockey League. Based on results from a reduced form model of attendance at 6054 regular season NHL games from 2005/06 to 2009/10, we find evidence that attendance increases when fans expect...
Persistent link: https://www.econbiz.de/10009131532
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