Stadium Games: Publicly Financed Stadiums and Their Impact On Gate Revenue Forecasts

Show full item record

Title: Stadium Games: Publicly Financed Stadiums and Their Impact On Gate Revenue Forecasts
Author: Almes, Hardy
Abstract: Abstract Over the course of the last two decades there has been a great period of stadium construction amongst the four major American sports leagues . The bulk of the funding for said construction has come from public sources . Amongst politicians , taxpayers and economists there has been significant debate as to whether the public financing of these stadiums is a prudent public policy decision . Arguments in favor of public financing for sports stadiums have hinged on the assumption that the construction of new stadiums will have a positive impact upon revenues . Our study looks to investigate the validity of this assumption . We seek to determine the best methods of forecasting gate revenues both in the wake of a newly built stadium as well as in a period many years after their construction . From these results we hope to glean some useful information regarding the impact of newly constructed stadiums on demand for professional sports . Our results suggest that new stadiums provide a significant and positive shock to gate revenues . However , these shocks are not permanent and tend to wane over time .
URI: http : / /hdl .handle .net /10657 /ETD -UH -2012 -08 -549
Date: 2012-09-28

Citation

Stadium Games: Publicly Financed Stadiums and Their Impact On Gate Revenue Forecasts. Master's thesis, University of Houston. Available electronically from http : / /hdl .handle .net /10657 /ETD -UH -2012 -08 -549 .

Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show full item record

Search DSpace

Advanced Search

Browse