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One of the central particularities in sports leagues is the fact that the clubs compete with each other on the input markets but are obliged to cooperate on the output market (i.e., the league’s games). In order to maximize jointly produced league output, one often hears calls for policy...
Persistent link: https://www.econbiz.de/10005427017
This paper investigates the regional economic impact of the 1996 Olympic Games in Georgia. It questions the findings of Hotchkiss, Moore, and Zobay (2003), who identify significant positive effects of the Olympics on employment in Georgia/USA by first challenging their approach that used a level...
Persistent link: https://www.econbiz.de/10010905507
Using the case of the new stadiums for the FIFA World Cup 2006 in Germany, this paper is the first multivariate work that examines the potential income and employment effects of new stadiums outside of the USA. This study is also the first work on this topic that conducts tests on the basis of a...
Persistent link: https://www.econbiz.de/10008479595
funding. This study registers the novelty effect of soccer stadia in Germany since the beginning of the Bundesliga (1963 …-American professional leagues. The extent to which public funding for soccer stadium buildings can be justified will be small indeed. …
Persistent link: https://www.econbiz.de/10005427029