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The Economic Impact on the Dominican Republic of Baseball Player Exports to the USA

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Author Info
Amavilah, Voxi Heinrich

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Abstract

This paper pulls together into one practical model two strands of economic theory to assess the impact of baseball player exports on the aggregate economic performance of the Dominican Republic. On one hand, foreign trade theory predicts a strong correlation between a country’s exports and economic performance measured as per capita income. On the other hand, microeconomic research finds a positive, but statistically insignificant, impact of sports activities on local economies. Analysis finds a strong correlation between baseball player exports and economic performance for the years 1962-2004, suggesting that both the USA and the Dominican Republic benefit from encouraging baseball player trade and repatriation of baseball export earnings.

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File URL: http://mpra.ub.uni-muenchen.de/1672/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 1672.

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Date of creation: 22 Oct 2006
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Handle: RePEc:pra:mprapa:1672

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Related research
Keywords: baseball player exports; sports exports; sports and economic performance; sports export-led growth;

Find related papers by JEL classification:
R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy
O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
F14 - International Economics - - Trade - - - Country and Industry Studies of Trade

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References listed on IDEAS
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  4. Paul A. Samuelson, 2004. "Where Ricardo and Mill Rebut and Confirm Arguments of Mainstream Economists Supporting Globalization," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 135-146, Summer. [Downloadable!] (restricted)
  5. Jusús Crespo Cuaresma & Julia Wörz, 2003. "On export composition and growth," Vienna Economics Papers 0309, University of Vienna, Department of Economics. [Downloadable!]
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  6. Dixon, R & Thirlwall, A P, 1975. "A Model of Regional Growth-Rate Differences on Kaldorian Lines," Oxford Economic Papers, Oxford University Press, vol. 27(2), pages 201-14, July. [Downloadable!] (restricted)
  7. Allen R. Sanderson & John J. Siegfried, 2006. "Simon Rottenberg and Baseball, Then and Now: A Fiftieth Anniversary Retrospective," Journal of Political Economy, University of Chicago Press, vol. 114(3), pages 594-623, June. [Downloadable!] (restricted)
  8. 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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  10. Fosu, Augustin Kwasi, 1990. "Export composition and the impact of exports on economic growth of developing economies," Economics Letters, Elsevier, vol. 34(1), pages 67-71, September. [Downloadable!] (restricted)
  11. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  12. Michaely, Michael, 1979. "Exports and growth : A reply," Journal of Development Economics, Elsevier, vol. 6(1), pages 141-143, February. [Downloadable!] (restricted)
  13. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542. [Downloadable!]
  14. 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. [Downloadable!] (restricted)
  15. Samuelson, Paul A., 2002. "Innovational progress sans thrift," Japan and the World Economy, Elsevier, vol. 14(3), pages 281-284, August. [Downloadable!] (restricted)
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