|
Sign In to gain access to subscriptions and/or personal tools.
|
Prosperity or Blight? A Question of Major League Stadia Locations
Arthur C. Nelson
Georgia Institute of Technology
Literature challenges the economic wisdom of major league sports stadia, especially when subsidized, but they continue to be constructed. If officials decide that a new stadium will be built, does it matter where it goes? This article theorizes that when major league stadia locate in the central business district (CBD), the metropolitan statistical areas share of regional wealth increases and that share rises as more major league teams play there. The reason is that people attending games in the CBD are more likely to spend money before and after games in the CBD than if they attend games at non-CBD locations. By contrast, non-CBD stadia may create opportunity costs. The moat of parking that surrounds many such stadia may discourage development from locating nearby. Investments that could have generated more economic activity are diverted, sometimes outside the metropolitan area. Empirical evaluation supports theoretical expectations.
Economic Development Quarterly, Vol. 15, No. 3,
255-265 (2001)
DOI: 10.1177/089124240101500305

CiteULike Complore Connotea Del.icio.us Digg Reddit Technorati Twitter What's this?
This article has been cited by other articles:

|
 |

|
 |
 
H. L. Boschken
A Multiple-perspectives Construct of the American Global City
Urban Stud,
January 1, 2008;
45(1):
3 - 28.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
M. S. Rosentraub
The Local Context of a Sports Strategy for Economic Development
Economic Development Quarterly,
August 1, 2006;
20(3):
278 - 291.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
A. C. Nelson
Locating Major League Stadiums Where They Can Make a Difference: Empirical Analysis with Implications for All Major Public Venues
Public Works Management Policy,
October 1, 2002;
7(2):
98 - 114.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
R. W. Wassmer
Metropolitan Prosperity from Major League Sports in the CBD: Stadia Locations or Just Strength of the Central City? A Reply to Arthur C. Nelson
Economic Development Quarterly,
August 1, 2001;
15(3):
266 - 271.
[Abstract]
[PDF]
|
 |
|

|
 |

|
 |
 
A. C. Nelson
Reply to Robert W. Wassmer
Economic Development Quarterly,
August 1, 2001;
15(3):
272 - 273.
[PDF]
|
 |
|
|
|