An event study of the economic impact of professional sport teams on local incomes
by Kaveepong Lertwachara; Cochran, James J, jt. auth.
Title: | An event study of the economic impact of professional sport teams on local incomes |
Author(s): | Kaveepong Lertwachara
Cochran, James J, jt. auth. |
Contributor(s): | Assumption University. Martin de Tours School of Management and Economics |
Issued date: | 2005 |
Publisher: | Assumption University |
Citation: | AU Journal of Management 3, 1 (January-April 2005), 41-46 |
Abstract: |
Many cities have tried to use expensive incentives such as a state-of-the-art stadiums or tax exemptions to persuade major professional sport teams to relocate to or remain in their area. These cities do so because they expect a professional sport team to enhance the local economy. Jn this paper we utilize an event study approach to examine the economic impact of a sport team on the local economy. The results indicate a negative impact of a sport team on local per capita income in both the short and long-run. |
Description: |
In English ; only abstract in English. |
Subject(s): | Assumption University -- Periodicals
Sports teams -- Economic aspects Professional sports -- Economic aspects |
Keyword(s): | AU Journal of Management
AU Journal of Management -- 2005 |
Resource type: | Journal Article |
Type: | Text |
File type: | application/pdf |
Language: | eng |
Rights: | This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner. |
URI: | http://repository.au.edu/handle/6623004553/12648 |
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