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A 1999 study by Dennis Coates and Brad R. Humphreys found the presence of major sports franchises to have no significant impact on the growth rate of per capita personal income and to be negatively correlated with the level of per capita personal income for a sample of all cities that had been...
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This article is intended to inform public policy regarding stadium subsidies, which state and local governments routinely provide to support professional sports teams. We review theoretical and empirical evidence regarding economic justifications for public funding, focusing on recent research...
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