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Effekte und Wahlverhalten: Das Beispiel der Münchner Allianz-Arena

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Author Info

  • Gabriel M. Ahlfeld

    ()
    (London School of Economics and Political Sciences)

  • Wolfgang Maennig

    ()
    (University of Hamburg)

  • Hanno Scholz

    ()

Abstract

We investigate at the precinct-level the 2001 stadium referendum for the Allianz-Arena inMunich, where voters had to decide upon a projected site as well as on public subsidies for provision of transport infrastructure. This is the first analysis of a stadium referendum with respect to the spatial dimension outside the U.S. The new arena, which is the home venue of the professional soccer clubs FC Bayern Mu¨ nchen and TSV 1860 Mu¨ nchen and also was a major venue during the FIFAWorld Cup 2006 clearly won the approval of a majority of voters in one of the referendums with the largest participation in the history of Munich. However, in proximity of the projected site, residents strongly opposed the project, which reflects in significantly reduced shares of yes-votes. Assuming rationality, we conclude that at city level residents expected an increase in utility from the new arena that justified public expenses. However, our results also point to considerable proximity cost, probably related to the presence of fan crowds and congestion. This finding contradicts the existing evidence on stadium impact from the U.S. There are also major differences in the socio-economic determinants of voting behavior, indicating that the expected net-benefit of proximity to professional sports facilities may vary across sports and countries.

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Bibliographic Info

Article provided by Justus-Liebig University Giessen, Department of Statistics and Economics in its journal Journal of Economics and Statistics.

Volume (Year): 230 (2010)
Issue (Month): 1 (February)
Pages: 2-26

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Handle: RePEc:jns:jbstat:v:230:y:2010:i:1:p:2-26

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Keywords: Professional sports; stadium impact; referendums; external effects; urban economics; regional economics;

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References

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  1. Gabriel M. AHLFELDT & Arne FEDDERSEN, 2010. "Geography Of A Sports Metropolis," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 11-36.
  2. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-38, May.
  3. Coates, Dennis & Humphreys, Brad R., 2006. "Proximity benefits and voting on stadium and arena subsidies," Journal of Urban Economics, Elsevier, vol. 59(2), pages 285-299, March.
  4. Gerd Ahlert, 2005. "What does Germany expect to gain from hosting the 2006 Football World Cup – Macroeconomic and Regionaleconomic Effects," GWS Discussion Paper Series 05-4, GWS - Institute of Economic Structures Research.
  5. Quigley, John M. & Smolensky, Eugene, 1997. "Stickball in San Francisco," Berkeley Program on Housing and Urban Policy, Working Paper Series qt3rw313m3, Berkeley Program on Housing and Urban Policy.
  6. Bruce K. Johnson & Peter A. Groothuis & John C. Whitehead, 2000. "“The Value of Public Goods Generated by a Major League Sports Team: The CVM Approach,”," Working Papers 0014, East Carolina University, Department of Economics.
  7. Gabriel Ahlfeldt & Wolfgang Maennig, 2007. "Impact of Sports Arenas on Land Values: Evidence from Berlin," Working Papers 0703, International Association of Sports Economists;North American Association of Sports Economists.
  8. Gerald Carlino & N. Edward Coulson, 2002. "Compensating differentials and the social benefits of the NFL," Working Papers 02-12, Federal Reserve Bank of Philadelphia.
  9. BK. Johnson & JC. Whitehead, 2000. "Value of public goods from sports stadiums: the CVM approach," Contemporary Economic Policy, Western Economic Association International, vol. 18(1), pages 48-58, 01.
  10. Melanie Arntz & Ralf A. Wilke, 2007. "An application of cartographic area interpolation to German administrative data," AStA Advances in Statistical Analysis, Springer, vol. 91(2), pages 159-180, August.
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Cited by:
  1. Wolfgang Maennig & Matthias Ottmann, 2011. "Perspektiven des deutschen Immobilienmarktes und wirtschaftspolitische Herausforderungen," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 12(2), pages 192-214, 05.

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