Stadiums and Arenas: Economic Development or Economic Redistribution?

@article{Coates2007StadiumsAA,
  title={Stadiums and Arenas: Economic Development or Economic Redistribution?},
  author={Dennis Coates},
  journal={Development Economics: Microeconomic Issues in Developing Economies eJournal},
  year={2007}
}
  • D. Coates
  • Published 1 October 2007
  • Economics
  • Development Economics: Microeconomic Issues in Developing Economies eJournal
"This article explores the literature on the impact of professional sports teams and stadiums on their host communities. A large body of research has addressed these issues, some of it academic and much of it for hire by team and sport boosters. The broad conclusion of this literature is that stadiums and franchises are ineffective means to creating local economic development, whether that is measured as income or job growth. There may be substantial public benefits from stadiums and franchises… 
Negative Implications: The Subsidization of Sports Stadiums and the Perspective of Seattle Arena
This paper adds to the literature on the subsidization of professional sports arenas. Rather than focusing on subsidization and the effect of sports arenas on a national scale, this paper focuses
The politics of PAO’s new football stadium
This paper examines local initiatives for a sports stadium-centered economic development project in Athens, Greece within the framework of urban political theories. This project was not successful
Sports Stadiums and Local Economic Activity: Evidence from Sales Tax Collections
This analysis examines the economic ramifications of a professional baseball team relocation from downtown Atlanta to a new mixed-use stadium development in suburban Cobb County. Using the synthetic
Global Perspectives on Democracy and Public Stadium Finance
Abstract Arenas, ballparks, and stadiums built for professional sports teams or mega-events all around the world often come with large public costs. In democratic states, citizens are assumed to have
Publicly subsidized sports events and stadiums: Have economists done justice to the impact on inequality?
Purpose The purpose of this paper is to review the economics literature of publicly subsidized sports stadiums and mega-events. Let it be noted, however, that the author was unable to find
Do Local Businesses Benefit from Stadiums? The Case of Major Professional Sports Leagues Arenas
Stadiums cost hundreds of millions of dollars to build and are often subsidized by public sources. In many cases, subsidies are allocated on the premise that sports events benefit the local economy
Are Basketball Arenas Catalysts of Economic Development?
ABSTRACT: Academic researchers continue to challenge the popular perception that new or renovated stadiums are catalysts of economic development. Despite basketball arenas generally having lower
Economic Development Effects of Major and Minor League Teams and Stadiums
Professional teams and leagues claim new stadiums lead to economic development. To test this, we utilize data from the Census Bureau on net establishment and employment changes across 871
...
...

References

SHOWING 1-10 OF 67 REFERENCES
The Growth Effects of Sport Franchises, Stadia and Arenas
This paper investigates the relationship between professional sports franchises and venues and real per capita personal income in 37 standard metropolitan statistical areas in the United States over
The Economic Impact of Sports Stadiums: Recasting the Analysis in Context
ABSTRACT: Independent empirical analyses are often used to refute assertions that sports stadiums can serve as economic catalysts. Criticisms of recent stadium investments, however, are commonly
Sports, jobs, and taxes : the economic impact of sports teams and stadiums
This book examines the economic impact of new stadiums or a sports franchise on the local economy. It explores such general issues as the appropriate method for measuring economic benefits and costs,
The Impact of Stadium and Professional Sports on Metropolitan Area Development
More and more cities are being encouraged to subsidize sports stadiums as an economic development tool. In this paper regression analysis using census data on nine different metropolitan areas is
Sport And Downtown Development Strategy If You Build It, Will Jobs Come?
ABSTRACT: Many policy analysts have cautioned against public spending for professional and amateur sports. Within the last year, numerous cities have received demands from major and minor league
The Economics of Sports Facilities and Their Communities
Since the 1950s, taxpayers have been the primary investors in stadia built for the use of privately-owned professional sports teams. Team owners have argued that sports facilities boost local
Professional Sports as Catalysts for Metropolitan Economic Development
ABSTRACT:Cities throughout the United States are facing an unprecedented number of threats from the professional sport teams they host to build new playing facilities or lose the franchise. The
Sports Stadiums and Area Development: A Critical Review
Should local governments subsidize the construction and operation of sports stadiums? This is being debated in cities throughout North America, and several factors have conspired to elevate this
Locating Major League Stadiums Where They Can Make a Difference
The louder policy analysts complain about using public resources to subsidize the construction of new major league sports stadiums, the more subsidies are made, despite empirical evidence showing
Metropolitan Prosperity from Major League Sports in the CBD: Stadia Locations or Just Strength of the Central City? A Reply to Arthur C. Nelson
This comment on Nelson’s article, “Prosperity or Blight? A Question of Major League Stadia Locations,” which appears in this issue of Economic Development Quarterly, looks at the possible economic
...
...