This paper considers whether publicly-financed new facility investments encourage professional sports team owners to increase their investments in costly talent. We develop a model of a sports league that incorporates publicly-financed facility investments, the unique characteristics of the talent market, and revenue sharing to explore the complementarity between new facility amenities, the team budget decision and team performance. Our empirical results suggest that publicly-financed new stadiums do little to improve team performance, not due to restrictions in the talent market, but rather due to a lack of fan response
Over the course of the last two decades there has been a great period of stadium construction amongs...
This paper weights the relative advantages of multiple factors that lead to the success of professio...
There has been debate about whether or not professional sports teams impact their local economies. ...
This paper considers whether publicly-financed new facility investments encourage professional sport...
Since the 1950s, taxpayers have been the primary investors in stadia built for the use of privately-...
As costs for building sports stadiums used by professional sports teams across the United States con...
Advocates of public stadium subsidies claim professional sports teams produce positive production an...
Advocates of public stadium subsidies claim professional sports teams produce positive production an...
In an era of unprecedented profitability, expansion, and popularity of American professional sports ...
Advocates of public stadium subsidies claim professional sports teams produce positive production an...
The results generated by this research argue that, in the future, communities should take into accou...
This paper examines the significance of stadium effects on the determination of starting pitcher sal...
Using secondary data, the novelty effect of the opening of 15 new Major League Baseball stadiums was...
We investigate the effect of new facilities on attendance in professional base-ball, basketball, and...
One of the most interesting issues in state and local public finance over the last 10-15 years has b...
Over the course of the last two decades there has been a great period of stadium construction amongs...
This paper weights the relative advantages of multiple factors that lead to the success of professio...
There has been debate about whether or not professional sports teams impact their local economies. ...
This paper considers whether publicly-financed new facility investments encourage professional sport...
Since the 1950s, taxpayers have been the primary investors in stadia built for the use of privately-...
As costs for building sports stadiums used by professional sports teams across the United States con...
Advocates of public stadium subsidies claim professional sports teams produce positive production an...
Advocates of public stadium subsidies claim professional sports teams produce positive production an...
In an era of unprecedented profitability, expansion, and popularity of American professional sports ...
Advocates of public stadium subsidies claim professional sports teams produce positive production an...
The results generated by this research argue that, in the future, communities should take into accou...
This paper examines the significance of stadium effects on the determination of starting pitcher sal...
Using secondary data, the novelty effect of the opening of 15 new Major League Baseball stadiums was...
We investigate the effect of new facilities on attendance in professional base-ball, basketball, and...
One of the most interesting issues in state and local public finance over the last 10-15 years has b...
Over the course of the last two decades there has been a great period of stadium construction amongs...
This paper weights the relative advantages of multiple factors that lead to the success of professio...
There has been debate about whether or not professional sports teams impact their local economies. ...