This paper estimates the intangible benefits of a two sports facilities in Columbus, Ohio on residential property values. We estimate a spatial hedonic model that avoids biased and inconsistent estimates in the presence of uncorrected spatial autocorrelation. The results suggest that the presence of sports facilities in Columbus have a significant positive distance-decaying effect on surrounding house values, supporting the idea that professional sports facilities generate important intangible benefits in the local economy. OLS overestimates the hedonic model parameters compared with Maximum Likelihood and Spatial Two Stage-Least-Squares.Economic Impact, Residential Property Values, Sports Facilities, Hedonic Model, Spatial Dependence, Spat...
Local political and community leaders and the owners of professional sports teams frequently claim t...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
This analysis exploits the relocation of a professional baseball team from downtown Atlanta to a pre...
This paper estimates the intangible benefits of a two sports facilities in Columbus, Ohio on residen...
153 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2008.Most literature on the econom...
Professional sports facilities and teams generate local amenity flows in cities that may affect proper...
This paper estimates the public benefits to homeowners in cities with NFL franchises by examining ho...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
The price tags associated with building sports centers have been ever increasing over the twentieth ...
Many cities and public officials are faced with the issue of whether or not to construct a new sport...
Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting...
Public subsidies for sports stadiums and arenas are often justified as a means to boost the local ec...
Three streams of research offer results in conflict with the conclusion that governments that provid...
Local governments often justify subsidizing sports stadiums as economic development projects that ha...
Local political and community leaders and the owners of professional sports teams frequently claim t...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
This analysis exploits the relocation of a professional baseball team from downtown Atlanta to a pre...
This paper estimates the intangible benefits of a two sports facilities in Columbus, Ohio on residen...
153 p.Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2008.Most literature on the econom...
Professional sports facilities and teams generate local amenity flows in cities that may affect proper...
This paper estimates the public benefits to homeowners in cities with NFL franchises by examining ho...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
The price tags associated with building sports centers have been ever increasing over the twentieth ...
Many cities and public officials are faced with the issue of whether or not to construct a new sport...
Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting...
Public subsidies for sports stadiums and arenas are often justified as a means to boost the local ec...
Three streams of research offer results in conflict with the conclusion that governments that provid...
Local governments often justify subsidizing sports stadiums as economic development projects that ha...
Local political and community leaders and the owners of professional sports teams frequently claim t...
This paper develops a hedonic price model explaining standard land values in Berlin. The model asses...
This analysis exploits the relocation of a professional baseball team from downtown Atlanta to a pre...