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A Tale of Two Stadiums: Comparing the Economic Impact of Chicago’s Wrigley Field and U.S. Cellular Field

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Author Info
Victor Matheson () (Department of Economics, College of the Holy Cross)
Robert Baade () (Department of Economics and Business, Lake Forest College)
Mimi Nikolova (Department of Economics and Business, Lake Forest College)

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Abstract

Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting that sports infrastructure can serve as an anchor for local economic redevelopment. Have such promises of economic rejuvenation been realized? The City of Chicago provides an interesting case study on how a new stadium, U. S. Cellular Field, has been integrated into its southside neighborhood in a way that may well have limited local economic activity. This economic outcome stands in stark contrast to Wrigley Field in northern Chicago which continues to experience a synergistic commercial relationship with its neighborhood.

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File URL: http://www.holycross.edu/departments/economics/RePEc/Matheson_TwoStadiums.pdf
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Publisher Info
Paper provided by College of the Holy Cross, Department of Economics in its series Working Papers with number 0608.

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Length: 15 pages
Date of creation: Aug 2006
Date of revision:
Publication status: Published in Geographische Rundschau International Edition, Vol. 3:1, January 2007, pp. 53-58.
Handle: RePEc:hcx:wpaper:0608

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Phone: (508)793-3362
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Web page: http://www.holycross.edu/departments/economics/website/
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Related research
Keywords: sports sports stadiums development baseball Chicago economic impact

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Find related papers by JEL classification:
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Regional, Urban, and Rural Analyses
R53 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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References listed on IDEAS
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  1. John 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. [Downloadable!] (restricted)
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This page was last updated on 2008-4-24.


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