This paper proposes a panel unit root test for micropanels with short time dimension (T) and large cross section (N). There are several distinctive features of this test. First, the test is based on a panel AR(1) model, which allows for cross-sectional dependency, which is introduced by the...

Although Major League Baseball (MLB) has a long history, most studies of attendance have focused on recent years because important explanatory data, such as ticket prices, are often missing for earlier periods. The present study aims to fill gaps in the data by analyzing individual team...

Habit formation in sports game attendance is crucial for sports businesses. Teams with strong habitual attendance sell more tickets and can command higher ticket prices compared with teams without habitual attendance, assuming all other conditions are constant. However, previous empirical...