Stadium boosters have long used the promise of economic development as a means to gain public support for financing local sports teams. Past research has shown little or no impact on employment or income when viewed at the MSA level. This paper expands the current literature on the economic impact of professional sports franchises. Following Coates and Humphreys (2003), we look at employment and wages at the county level using detailed SIC and NAICS industry codes. We find mixed results on employment within a county but find a negative effect on the payrolls with-in specific industries.
BaadeR. A. (1996). Professional sports as catalysts for metropolitan economic development.Journal of Urban Affairs, 18(1), 1–17.
2.
BaadeR. A., & DyeR. F. (1988). An analysis of the economic rational for public subsidization of sports stadiums.The Annals of Regional Sciences, 22(2), 37–47.
3.
BaadeR. A., & DyeR. F. (1990). The impact of stadiums and professional sports on metropolitan area development.Growth and Change, 21(2), 1–14.
4.
BaadeR. A., & SandersonA. R. (1997). The employment effect of teams and sports facilities.Sports, jobs and taxes: The economic impact of sports teams and stadiums. Washington, DC: Brookings Institute.
5.
CarlinoG., & CoulsonN. E. (2004). Compensating differentials and the social benefits of the NFL.Journal of Urban Economics, 56, 25–50.
6.
CoatesD., & HumphreysB. R. (1999). The growth effects of sport franchises, stadia and arenas.Journal of Policy Analysis and Management, 18(4), 601–624.
7.
CoatesD., & HumphreysB. R. (2003). The effect of professional sports on earnings and employment in the services and retail sectors in US cities.Regional Science and Urban Economics, 33, 175–198.
8.
CoffinD. A. (1996). If you build it, will they come? Attendance and new stadium construction. In FizelJ., GustafsonE., & HadleyL. (Eds.), Baseball economics: Current research. Westport, CT: Praeger.
9.
JohnsonB. K., GroothuisP. A., & WhiteheadJ. C. (2001). The value of public goods generated by a major league sports team: The CVM approach.Journal of Sports Economics, 2(1), 6–21.
10.
JudsonR. A., & OwenA.L. (1997). Estimating dynamic panel data models: A practical guide for macroeconomists.Economics Letters, 65(1), 9–15.
11.
LongJ. G. (2005). Full count: The real cost of public funding for major league sports facilities.Journal of Sports Economics, 6(2), 119–143.
12.
OwenJ. G. (2006). The intangible benefits of sports teams.Public Finance and Management, 6(3), 321–345.
13.
RappaportJ., & WilkersonC. (2001). What are the benefits of hosting a major league sports franchise?Federal Reserve Bank of Kansas City, Economic Review, First Quarter.