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The Paradox of Championships: Be Careful What You Wish For, Sports Fans

Author

Listed:
  • Victor Matheson

    () (Department of Economics, College of the Holy Cross)

  • Robert Baade

    () (Department of Economics and Business, Lake Forest College)

Abstract

This paper examines issues related to the economic impact of sports championships on the local economy of host cities. While boosters frequently claim a large positive effect of such championships, a closer examination leads to the conclusion that the impact is likely much smaller than touted and may even be negative.

Suggested Citation

  • Victor Matheson & Robert Baade, 2005. "The Paradox of Championships: Be Careful What You Wish For, Sports Fans," Working Papers 0504, College of the Holy Cross, Department of Economics.
  • Handle: RePEc:hcx:wpaper:0504
    as

    Download full text from publisher

    File URL: http://web.holycross.edu/RePEc/hcx/HC0504-Matheson-Baade_Paradox.pdf
    File Function: Revised version of WEA 2003 paper
    Download Restriction: no

    References listed on IDEAS

    as
    1. Victor A. Matheson, 2005. "Contrary Evidence on the Economic Effect of the Super Bowl on the Victorious City," Journal of Sports Economics, , vol. 6(4), pages 420-428, November.
    2. Victor A. Matheson & Robert A. Baade, 2003. "Super Bowl or Super (Hyper)Bole? Assessing the Economic Impact of America's Premier Sports Event," Department of Economics Working Papers 2003-15, Department of Economics, Williams College.
    3. Dennis Coates & Brad R. Humphreys, 2002. "The Economic Impact of Postseason Play in Professional Sports," Journal of Sports Economics, , vol. 3(3), pages 291-299, August.
    4. Robert A. Baade & Victor A. Matheson, 2001. "Home Run or Wild Pitch?," Journal of Sports Economics, , vol. 2(4), pages 307-327, November.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Jeroen Schokkaert & Johan F.M. Swinnen & Thijs Vandemoortele, 2012. "Mega Events and Sports Institutional Development: The Impact of the World Cup on Football Academies in Africa," Chapters,in: International Handbook on the Economics of Mega Sporting Events, chapter 19 Edward Elgar Publishing.

    More about this item

    Keywords

    impact analysis; sports; mega-event; championship;

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

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