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The Impact of a Professional Sports Franchise on County Employment and Wages

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Author Info

  • John Jasina

    ()
    (Claflin University)

  • Kurt Rotthoff

    ()
    (Seton Hall University)

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    Abstract

    Stadium boosters have long used the promise of economic development as a means to gain public support for financing local sports teams. Past research has shown little or no impact on employment or income when viewed at the MSA level. This paper expands the current literature on the economic impact of professional sports franchises. Following Coates and Humphreys (2003), we look at employment and wages at the county level using detailed SIC and NAICS industry codes. We find mixed results on employment within a county but find a negative effect on the payrolls within specific industries.

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    Bibliographic Info

    Article provided by Fitness Information Technology in its journal International Journal of Sport Finance.

    Volume (Year): 3 (2008)
    Issue (Month): 4 (November)
    Pages: 210-227

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    Handle: RePEc:jsf:intjsf:v:3:y:2008:i:4:p:210-227

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    Related research

    Keywords: stadiums; arenas; public finance; professional sports; economic development; economic impact;

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    Cited by:
    1. John Jasina & Kurt Rotthoff, 2012. "A model of promotion and relegation in league sports," Journal of Economics and Finance, Springer, vol. 36(2), pages 303-318, April.

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