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Local governments often justify subsidizing sports stadiums as economic development projects that have positive returns on investment. If this is true, economic and quality-of-life spillovers that are capitalized in local property values ought to generate additional tax revenue for host...
Persistent link: https://www.econbiz.de/10013225880
This article discusses the evolution of Tour de France TV broadcasting. Over the course of 70 years, the duration, quality and scope of the race's coverage changed dramatically. Three periods are identified. In a first phase (1948-1967), Tour de France TV coverage was just a relatively small...
Persistent link: https://www.econbiz.de/10013431088
The COVID-19 pandemic shut down sporting events worldwide. Local policy makers and league officials face important decisions about restarting play, especially in professional leagues that draw large numbers of spectators to games. We analyze the impact of professional sporting events on local...
Persistent link: https://www.econbiz.de/10013230159
Brazil is developing in sport management, what gets Brazilian soccer teams to take less advantage over the several means of raising income that exist, among which there is sport sponsorship. In this sense, given its importance and considering the gap of studies using new methods for sponsorship...
Persistent link: https://www.econbiz.de/10014119160
With legal sports betting being viewed as a panacea for state budget woes across the United States, the underlying data that fuels the sports betting industry has emerged as an especially valuable asset. In the hopes of capitalizing on state laws that have now legalized sports betting, U.S....
Persistent link: https://www.econbiz.de/10013242958
Research question: In 2010, the governing body of European football, UEFA, approved “Financial Fair Play” regulations. Designed to encourage financial discipline, promote stability and foster competitive balance, they focus on a financial breakeven constraint. We analyse the impact of such...
Persistent link: https://www.econbiz.de/10012901760
Persistent link: https://www.econbiz.de/10013400054
The paper considers the stadium construction and infrastructure projects underway for World Cup 2010. We ask whether and under which conditions hosting such an event (along with the new facilities and infrastructural development required) will have positive effects on urban development. By...
Persistent link: https://www.econbiz.de/10014200077
We examine the impact of new sports facilities on new businesses, an unexplored topic in the literature. We use data from the Dunn and Bradstreet MarketPlace files to examine how new sports facilities affect nearby business activity in terms of the number of new businesses and workers. We find...
Persistent link: https://www.econbiz.de/10014134066
Professional sports teams commonly reevaluate their location decisions based on the prospect of building new, more attractive, stadiums. Even though a large economic literature warns about the modest (and possibly negative) effects on the local economy of hosting a professional sports team, the...
Persistent link: https://www.econbiz.de/10014258098