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

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dc.contributor Prodan -Boul , Ruxandra
dc.date 2012 -09 -28T12 :53 :28Z
dc.date 2012 -09 -28T12 :53 :28Z
dc.date 2012 -08
dc.date 2012 -09 -28
dc.date August 2012
dc.date 2012 -09 -28T12 :53 :29Z
dc.date.accessioned 2012 -11 -29T19 :40 :02Z
dc.date.available 2012 -11 -29T19 :40 :02Z
dc.date.issued 2012 -11 -29
dc.identifier http : / /hdl .handle .net /10657 /ETD -UH -2012 -08 -549
dc.identifier 10657 /ETD -UH -2012 -08 -549
dc.identifier.uri http : / /hdl .handle .net /10657 /ETD -UH -2012 -08 -549
dc.description 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 .
dc.format application /pdf
dc.language eng
dc.subject Forecast
dc.subject Structural Breaks
dc.subject Stadium
dc.subject Publicly Financed Sports Stadiums
dc.title Stadium Games : Publicly Financed Stadiums and Their Impact On Gate Revenue Forecasts
dc.type text
dc.type thesis

Citation

Stadium Games: Publicly Financed Stadiums and Their Impact On Gate Revenue Forecasts. Available electronically from http : / /hdl .handle .net /10657 /ETD -UH -2012 -08 -549 .

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