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Assessing the Value of Sports Facilities: The Importance of Noneconomic Factors

Author

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  • Arthur T. Johnson

    (University of Maryland, Baltimore County)

  • Allen Sack

    (University of New Haven)

Abstract

Capital projects have economic as well as social (i.e., noneconomic) outcomes. Therefore, one cannot evaluate such projects by focusing on economic data only. This article describes the first five years of a tennis facility, built with public funds in 1990-91 in New Haven, Connecticut, to host the Volvo International Tennis Tournament (VITT). In doing so, it explores the economic impact of the facility, discusses the shortcomings of economic impact studies, and defines appropriate criteria for evaluating the community value of sports facilities by calling attention to noneconomic factors such as political capital expended, potential for political conflict, and community pride and solidarity. The importance of a development logic to guide policy makers and to provide a framework for evaluation also is noted.

Suggested Citation

  • Arthur T. Johnson & Allen Sack, 1996. "Assessing the Value of Sports Facilities: The Importance of Noneconomic Factors," Economic Development Quarterly, , vol. 10(4), pages 369-381, November.
    • Handle: RePEc:sae:ecdequ:v:10:y:1996:i:4:p:369-381
    DOI: 10.1177/089124249601000406
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    Cited by:

    1. J.D. Snowball & G.G. Antrobus, 2001. "Measuring The Value Of The Arts To Society: The Importance Of The Value Of Externalities For Lower Income And Education Groups In South Africa," South African Journal of Economics, Economic Society of South Africa, vol. 69(4), pages 752-766, December.
    2. J.D. Snowball & G.G. Antrobus, 2002. "Valuing The Arts," South African Journal of Economics, Economic Society of South Africa, vol. 70(8), pages 1297-1319, December.

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