The economic impact of sports facilities, franchises, and events contributions in honor of Robert Baade /
This edited volume discusses the economic impact of sports facilities, franchises, and events on local economies. Written in honor of Robert Baade upon his retirement, the book provides a state-of-the-art of current research on the economic impact of sports, and recognizes the seminal contributions...
| Other Authors: | Matheson, Victor A., Baumann, Robert., Baade, Robert Allen,, SpringerLink (Online service) |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
Cham :
Springer,
2023.
|
| Physical Description: |
1 online resource (233 pages). |
| Series: |
Sports economics, management, and policy ;
v. 23. |
| Subjects: |
Table of Contents:
- Intro
- Preface
- Contents
- Introduction: A Few Words About Robert Baade
- Robert Baade: Stadium Economics Pioneer
- 1 Introduction
- 2 Stadium Mania
- 3 Stadium Economics
- 4 Mega-Events
- 5 Public Policy
- 6 Conclusion
- References
- The Unshakeable Belief in the Economic Impact of Sports
- 1 Introduction
- 2 Problem 1: Economic Impact Is an Exceptionally Complicated Estimation Problem Full of Assumptions and Fraught with Errors
- 2.1 Ex Ante Studies
- 2.2 Ex Post Studies
- 2.3 Ex Ante or Ex Post? It Doesnt́ Actually Matter.
- 3 Problem 2: Economic Impact Is the Sine Qua Non Metric That Will Magically and Irrefutably Explain the Value of Events, Teams...
- 3.1 Problem 2a. Sport-Related Economic Impact Reports Are Ubiquitous in the News
- 3.2 Problem 2b. Economic Impact Is Unchallenged and Presented as Fact
- 3.3 Problem 2c. The Media Frames Economic Impact As Consistently and Unequivocally Positive
- 4 Problem 3: Public Belief in the Economic Impact of Sports Is Unshakeable
- 4.1 The Context of Super Bowl 50
- 4.2 Public Sentiment Toward Super Bowl 50.
- 4.3 In a Period of Negative Public Sentiment, the Belief in Positive Economic Impact Persisted
- 4.4 Conclusion
- 5 Why Is the Public Belief in Positive Economic Impact So Persistent?
- 5.1 Direct Spending Isnt́ Economic Impact (But People Think It Is)
- 5.2 Conspicuous Spending Isnt́ Economic Impact (But People Think It Is)
- 6 How Do We Move Forward? What Is the Solution?
- 6.1 Financial Analysis Better Represents the Governmentś Ability to Pay
- 6.2 Redistributive Analysis Identifies Broader Harms or Benefits
- Benefits to Private Businesses
- Benefits to Individuals.
- Costs to Individuals
- Public Cost
- Public Costs Lead to Additional Costs to Individuals
- 6.3 Summary
- 7 Conclusion
- References
- The Local Economic Impact of Phantom College Football Games: Evidence from North Carolina
- 1 Introduction
- 2 Context and Literature Review
- 3 Data and Empirical Methodology
- 4 Empirical Results
- 5 Conclusions
- References
- Growth Effects of Sports Franchises, Stadiums, and Arenas: 15 Years Later
- 1 Introduction
- 2 Literature
- 3 Data
- 4 Empirical Model
- 5 Results
- 6 Conclusion
- References.
- The Consumer Surplus and Economic Impact of a Participatory Micro-Event: The Beech Mountain Metric
- 1 Introduction
- 2 Data
- 3 Economic Impact
- 3.1 Methods
- 3.2 Results
- 4 Willingness to Travel
- 4.1 Empirical Model
- 4.2 Results
- 5 Conclusions
- References
- The Dollar Value of an NFL Rivalry
- 1 Introduction
- 2 Theory
- 2.1 Applying Random Utility Theory to Value an NFL Rivalry
- 2.2 Preferences
- 2.3 Uncertainty
- 2.4 The Fans Ṕerspective
- Type 1 Fan
- Type 2 Fan
- 2.5 Predict Type 2 Fan Membership
- Estimating a Model Predicting Type 2 Fan Membership.