Showing 1 - 10 of 14
This paper provides an empirical examination of the 2002 Winter Olympic Games in Salt Lake City, Utah. Our analysis of taxable sales in the counties in which Olympic events took place finds that some sectors such as hotels and restaurants prospered while other retailers such as general...
Persistent link: https://www.econbiz.de/10005812943
Professional sports leagues, franchises, and civic boosters, have used the promise of an all star game or league championship as an incentive for host cities to construct new stadiums or arenas at considerable public expense. Past league-sponsored studies have estimated that Super Bowls,...
Persistent link: https://www.econbiz.de/10005731653
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
College football and men’s basketball are the largest revenue generators in college athletics. Studies funded by athletic boosters tout the economic benefits of a college athletic program as an incentive for host cities to construct new stadiums or arenas at considerable public expense. Our...
Persistent link: https://www.econbiz.de/10005731673
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 paper provides an overview of the economics of sports mega-events as well as a review of the existing literature in the field. The paper describes why boosters’ <i>ex ante</i> estimates of the economic impact of large sporting events tend to exaggerate the net economic benefits of these events...
Persistent link: https://www.econbiz.de/10005731683
This paper provides an empirical examination of the economic impact of spectator sports on local economies. Confirming the results of other ex post analyses of sports in general, this paper finds no statistically significant evidence that college football games in particular contribute...
Persistent link: https://www.econbiz.de/10005549350
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 evaluates the magnitude and the economic impact of NFL mega-events including the Pro Bowl and Super Bowl. The paper also reviews the theory behind the usual findings that the observed economic benefits of mega-events are almost always a fraction of the benefits claimed a priori.
Persistent link: https://www.econbiz.de/10010611184
The Super Bowl is America’s premier sporting event. This paper details basic economic facts about the game and examines the controversy surrounding the purported economic impact of the game on host communities. While the league and sports boosters claim that the game brings up to a $500...
Persistent link: https://www.econbiz.de/10008800464