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Sports team performance and revenue of out-of-stadium vending operations

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  • Thomas Rhoads
  • Yongchen Zhao

Abstract

Using a novel data set on daily sales revenue, we examine how the Baltimore Orioles’ performance affects a street vendor operating outside Oriole Park at Camden Yards. While fans respond positively to good team performance throughout the season, a win for the home team generally means lower revenue for the vendors outside the stadium. We find that economic benefits accruing to street vendors – and by extension to nearby hotels, restaurants, and bars – may only be maximized when the sports teams are bad, but not that bad.

Suggested Citation

  • Thomas Rhoads & Yongchen Zhao, 2022. "Sports team performance and revenue of out-of-stadium vending operations," Applied Economics Letters, Taylor & Francis Journals, vol. 29(1), pages 8-11, January.
    • Handle: RePEc:taf:apeclt:v:29:y:2022:i:1:p:8-11
    DOI: 10.1080/13504851.2020.1854661
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