Professional Sports Facilities, Franchises and Urban Economic Development

By Dennis Coates, Brad R. Humphreys. Public Finance and Management, 2003

145 citations recorded by the source corpus.

Local political and community leaders and the owners of professional sports teams frequently claim that professional sports facilities and franchises are important engines of economic development in urban areas. These structures and teams allegedly contribute millions of dollars of net new spending annually and create hundreds of new jobs, and provide justification for hundreds of millions of dollars of public subsidies for the construction of many new professional sports facilities in the United Sates over the past decade. Despite these claims, economists have found no evidence of positive economic impact of professional sports teams and facilities on urban economies. We critically review the debate on the economic effects of professional sports and their role as an engine of urban economic redevelopment, with an emphasis on recent economic research.

Subfields: Gender Studies, Sociology and Political Science, Transportation

View Paper: https://www.semanticscholar.org/paper/3094fedb944e113511bf4fa1f8cef8f140011330

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Gender Studies

1. Stefan Szymanski
2. M. Walker
3. Woosoon Kim
4. Andrea Weber
5. Christine Zulehner

In Sociology and Political Science

1. Stefan Szymanski
2. M. Walker
3. Woosoon Kim
4. S. Mourato
5. Andrea Weber
6. Christine Zulehner

In Transportation

1. G. Atkinson
2. M. Walker
3. Woosoon Kim
4. S. Mourato

Citations in the corpus

• Are We Willing to Pay Enough to `Back the Bid'?: Valuing the Intangible Impacts of London's Bid to Host the 2012 Summer Olympic Games (2008, background): “Coates and Humphreys (2003a) also fi nd that wage rates are lower in the services and retail sectors, and are even lower in sectors which depend closely on sporting facilities (Coates and Humphreys, 2003b).”
• Measuring the social impacts associated with Super Bowl XLIII: Preliminary development of a psychic income scale (2012, background): “…and events provide little benefit in terms of income and employment generation (Baade, 1996; Baade & Dye, 1990; Baade & Sanderson, 1997; Coates & Humphreys, 2003; Rosentraub, Swindell, Przybylski, & Mullins, 1994) and the overall monetary impact of professional sports can (in some instances) be…”