IDEAS home Printed from
   My bibliography  Save this article

The Estimation of Consumer Surplus Benefits from a City Owned Multipurpose Coliseum Complex


  • Stephen K. Layson

    () (Department of Economics, 457 Bryan Building, UNCG, Greensboro, NC 27412-5001 USA)


Coliseums can create consumer surplus benefits by providing types of entertainment to local residents that would otherwise not be available to them. This paper estimates consumer surplus for a major City owned entertainment/convention facility, the Greensboro Coliseum Complex (GCC). A novel aspect of this paper is that it estimates the distribution of consumer surplus across households of different income levels as well as aggregate consumer surplus. It is estimated that aggregate consumer surplus from the GCC in 1999 exceeded the public subsidy for this complex, but a disproportionate amount of the consumer surplus benefits go to higher income households.

Suggested Citation

  • Stephen K. Layson, 2005. "The Estimation of Consumer Surplus Benefits from a City Owned Multipurpose Coliseum Complex," Journal of Real Estate Research, American Real Estate Society, vol. 27(2), pages 221-236.
  • Handle: RePEc:jre:issued:v:27:n:2:2005:p:221-236

    Download full text from publisher

    File URL:
    File Function: Full text
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Michael Sam & Jay Scherer, 2006. "The Steering Group as Policy Advice Instrument: A Case of “Consultocracyâ€\x9D in Stadium Subsidy Deliberations," Policy Sciences, Springer;Society of Policy Sciences, vol. 39(2), pages 169-181, June.

    More about this item

    JEL classification:

    • L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jre:issued:v:27:n:2:2005:p:221-236. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (JRER Graduate Assistant/Webmaster). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.