Showing 1 - 10 of 27
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/10010611183
This paper examines the relationship between hosting mega-events such as the Super Bowl, Olympics, and World Cup and rental housing prices in host cities. If mega-events are amenities for local residents, then rental housing prices can serve as a proxy for estimating residents’ willingness to...
Persistent link: https://www.econbiz.de/10005545421
This paper examines the relationship between hosting mega-events such as the Super Bowl, Olympics, and World Cup and rental housing prices in host cities. If mega-events are amenities for local residents, then rental housing prices can serve as a proxy for estimating residents’ willingness to...
Persistent link: https://www.econbiz.de/10005731682
This study adds to our knowledge of the effects of mega-events like Super Bowls and Major League Baseball All-Star games by looking specifically at a long time-series of monthly sales tax revenues to assess the impact of these events on the host city’s revenue. The analysis indicates that...
Persistent link: https://www.econbiz.de/10005398689
An empirical examination of the determinants of real per capita income in cities with professional sports teams from … professional sports franchises or facilities. …
Persistent link: https://www.econbiz.de/10009367711
Research in economics has examined many determinants of earnings, including whether an individual is left or right handed. In the soccer labor market, being able to kick well with both the left and the right foot is rewarded with a salary premium. This paper examines pay and performance for...
Persistent link: https://www.econbiz.de/10010611187
This paper reviews the empirical literature assessing the effects of subsidies for professional sports franchises and … sports subsidies cannot be justified on the grounds of local economic development, income growth or job creation, those … oppose sports subsidies. In addition to reviewing the empirical literature, we describe the economic intuition that probably …
Persistent link: https://www.econbiz.de/10008484361
This paper uses data on players drafted in 1987 through 1989 covering both their collegiate and their professional careers. This time period is chosen because we wanted recent players whose playing days have ended. Our analysis evaluates the role of college productivity on draft position and the...
Persistent link: https://www.econbiz.de/10005731664
Cities compete for the opportunity to host events that draw large crowds of visitors. The argument is that these visitors bring with them lots of spending in hotels and restaurants, providing jobs for workers in the service industry, and generating sales tax revenues for the city. In many...
Persistent link: https://www.econbiz.de/10005687870
This paper reviews the empirical literature assessing the effects of subsidies for professional sports franchises and … sports subsidies cannot be justified on the grounds of local economic development, income growth or job creation, those … oppose sports subsidies. In addition to reviewing the empirical literature, we describe the economic intuition that probably …
Persistent link: https://www.econbiz.de/10005687878