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Countries vigorously compete for sports mega-events in hopes of generating an economic impact during the event but also … of an economy legacy from the mega-sports event. …
Persistent link: https://www.econbiz.de/10010690310
the controversy surrounding the purported economic impact of the game on host communities. While the league and sports …
Persistent link: https://www.econbiz.de/10008800464
Developing countries that host mega-events such as the Olympic Games and World Cup invest enormous sums in stadiums and collateral infrastructure projects. The rapid investment in long-lasting physical stocks raises questions of equity and efficiency for national taxpayers and event attendees....
Persistent link: https://www.econbiz.de/10010575346
We use daily airplane arrival data from Hawaii’s Department of Business, Economic Development, and Tourism to determine the net change in tourism for a variety of sporting events. We find two events generate a positive and significant net impact on arrivals: Honolulu Marathon and Pro Bowl. We...
Persistent link: https://www.econbiz.de/10005004173
the controversy surrounding the purported economic impact of the game on host communities. While the league and sports …
Persistent link: https://www.econbiz.de/10008509777
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
We use daily airplane arrival data from Hawaii’s Department of Business, Economic Development, and Tourism to determine the net change in tourism for a variety of sporting events. We find two events generate a positive and significant net impact on arrivals: Honolulu Marathon and Pro Bowl. We...
Persistent link: https://www.econbiz.de/10005731661
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
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/10005004168
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