What is the Value of Public Goods Generated by a National Football League Team: A CVM Approach
AbstractUsing the Contingent Valuation Method, this paper estimates the value of public goods the National Football League’s Jaguars produce for Jacksonville, Florida, including the value of elevating Jacksonville to major league status. It also estimates the incremental value of public goods potentially produced by a National Basketball Association team in Jacksonville. The present value of public goods created by the Jaguars is $25 million or less, far below subsidies provided to attract the Jaguars. For a basketball team, the figure is less than $12.7 million. Sports public goods probably cannot justify the large public expenditures on stadiums and arenas.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Department of Economics, Appalachian State University in its series Working Papers with number 05-10.
Date of creation: 2005
Date of revision:
Contact details of provider:
Postal: Thelma C. Raley Hall, Boone, North Carolina 28608
Web page: http://www.business.appstate.edu/departments/economics/
More information through EDIRC
Find related papers by JEL classification:
- H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-06-14 (All new papers)
- NEP-ENV-2005-06-14 (Environmental Economics)
- NEP-SPO-2005-06-14 (Sports & Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- 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,”,"
0014, East Carolina University, Department of Economics.
- Bruce K. Johnson & Peter A. Groothuis & John C. Whitehead, 2001. "The Value of Public Goods Generated by a Major League Sports Team: The CVM Approach," Journal of Sports Economics, , vol. 2(1), pages 6-21, February.
- Daraius Irani, 1997. "Public Subsidies to Stadiums: Do the Costs Outweigh the Benefits?," Public Finance Review, , vol. 25(2), pages 238-253, March.
- John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
- Nancy E. Bockstael & Ivar E. Strand, Jr. & Kenneth E. McConnell & Firuzeh Arsanjani, 1990. "Sample Selection Bias in the Estimation of Recreation Demand Functions: An Application to Sportfishing," Land Economics, University of Wisconsin Press, vol. 66(1), pages 40-49.
- Gerald Carlino & N. Edward Coulson, 2002.
"Compensating differentials and the social benefits of the NFL,"
02-12, Federal Reserve Bank of Philadelphia.
- Carlino, Gerald & Coulson, N. Edward, 2004. "Compensating differentials and the social benefits of the NFL," Journal of Urban Economics, Elsevier, vol. 56(1), pages 25-50, July.
- 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.
- Alexander, Donald L. & Kern, William & Neill, Jon, 2000. "Valuing the Consumption Benefits from Professional Sports Franchises," Journal of Urban Economics, Elsevier, vol. 48(2), pages 321-337, September.
- Dennis Coates & Brad R. Humphreys, 1999. "The growth effects of sport franchises, stadia, and arenas," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 18(4), pages 601-624.
- Jordan Rappaport & Chad Wilkerson, 2001. "What are the benefits of hosting a major league sports franchise?," Economic Review, Federal Reserve Bank of Kansas City, issue Q I, pages 55-86.
- Brad R. Humphreys & Bruce K. Johnson & Daniel S. Mason & John C. Whitehead, 2011.
"Estimating the Value of Medal Success at the 2010 Winter Olympic Games,"
11-20, Department of Economics, Appalachian State University.
- Humphreys, Brad & Johnson, Bruce & Mason, Daniel & Whitehead, John, 2011. "Estimating the Value of Medal Success at the 2010 Winter Olympic Games," Working Papers 2011-20, University of Alberta, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (O. Ashton Morgan).
If references are entirely missing, you can add them using this form.