Robert Baade: Stadium Economics Pioneer
John Bradbury
A chapter in The Economic Impact of Sports Facilities, Franchises, and Events, 2023, pp 5-22 from Springer
Abstract:
Abstract Robert Baade was the first economist to estimate the effects of sports stadiums and teams on local economies. His work served as the foundation for the subsequent large and vibrant economics literature that continues to the present. His initial finding that stadiums have limited economic impacts on host localities has endured and shaped the consensus of the economics discipline that stadiums are poor public investments. This chapter reviews Dr. Baade’s early studies to demonstrate their proper context as pioneering research in the field.
Keywords: Sports stadiums; Economic impact; Local economic development (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_2
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DOI: 10.1007/978-3-031-39248-1_2
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