The Economic Impact of Stadia and Teams: The Case of Minor League Baseball
In: Journal of Sports Economics, 14(3), 227-252
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In: Journal of Sports Economics, 14(3), 227-252
SSRN
In: Contemporary Economic Policy, Band 33(2), Heft 285-299
SSRN
In: Sport, Business and Management: An International Journal
SSRN
In: Contemporary Economic Policy, Band 33, Heft 2, S. 285-299
SSRN
In: Contemporary economic policy: a journal of Western Economic Association International, Band 33, Heft 2, S. 285-299
ISSN: 1465-7287
This research utilizes a compensating differential framework to measure the social benefits of minor league baseball teams. Consistent with findings at the major league level, individual housing observations from 138 metropolitan areas between 1993 and 2005 show that affiliated teams are associated with a significant 6 to 8% increase in rents in mid‐sized markets ranging from 0.4 to 1.4 million people. On the other hand, independent teams and stadiums are associated with insignificant effects on rents. The positive effect of affiliated minor league teams suggests they are a valuable urban amenity that can contribute to local quality of life.(JELH23, H41, H71, R50, L83)