Assessing the Social Benefits of Hosting an NFL Team
نویسنده
چکیده
www.phil.frb.org Business Review Q2 2004 7 www.phil.frb.org Rapid population growth in many metropolitan areas in the United States has made them economically viable locations for professional sports franchises such as those of Major League Baseball (MLB) or the National Football League (NFL). But since all four of the major sports leagues tightly control both the creation of new franchises and the relocation of teams, cities’ demand for teams far exceeds the supply.1 re the large public expenditures on new stadiums a good investment for cities? Does hosting a major sports team have benefits? Although public subsidies for professional sports teams are controversial, the answer to these questions may well be yes. In this article, Jerry Carlino and Ed Coulson report the results of their 2003 study: When quality-of-life benefits are included in the calculation, building new stadiums and hosting an NFL franchise may indeed be a good deal for cities and their residents. A BY GERALD A. CARLINO AND N. EDWARD COULSON Should Cities Be Ready for Some Football? Assessing the Social Benefits of Hosting an NFL Team
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تاریخ انتشار 2004