Major Stadium Construction in the Twin Cities: If We Build It, Will Construction Employment Increase?

Phillip A. Miller ()
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Phillip A. Miller: Minnesota State University

A chapter in The Economic Impact of Sports Facilities, Franchises, and Events, 2023, pp 183-201 from Springer

Abstract: Abstract I examine the effect of major sports stadium construction in the Minneapolis-St. Paul-Bloomington-MN/WI MSA on local construction industry employment. I use publicly available quarterly data from the first quarter of 2001 to the fourth quarter of 2019, and I employ ARCH methodology. During the sample period, four major sports stadiums were built in the metro area. I find little evidence that stadium construction correlated with a change in construction industry employment levels. However, the mathematical signs on the significant parameters are not consistent with each other. Moreover, the significance is not robust to alternative model specifications.

Keywords: Stadium construction; Construction industry employment; Labor economics; Sports economics; Time series analysis (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:semchp:978-3-031-39248-1_13

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DOI: 10.1007/978-3-031-39248-1_13

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