Estimating the Economic Impact of Major League Baseball’s All-Star Game Using High-Frequency Tourism Data
Robert Baumann,
Victor Matheson (),
E. Frank Stephenson and
Robert Murray
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Robert Baumann: College of the Holy Cross
Victor Matheson: College of the Holy Cross
Robert Murray: College of the Holy Cross
A chapter in Principles and Paradoxes of Sports Economics, 2024, pp 129-142 from Springer
Abstract:
Abstract Despite claims, primarily from Republican lawmakers, that the removal of the 2021 Major League Baseball All-Star Game cost local businesses in the Atlanta area $100 million in damages, an examination of hotel occupancy during the 2014 All-Star Game in Minneapolis and the 2019 All-Star Game in Cleveland suggests that these events generated at most 10,000 additional room nights and $4.5 million in additional hotel revenues for the host cities. These figures suggest that the All-Star Game generates a total direct marginal increase in tourism spending of only $3.9 to $9.4 million. Claiming that Georgia lost $100 million from the removal of the game is pure fiction with no basis in economic data.
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:semchp:978-3-031-68479-1_12
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DOI: 10.1007/978-3-031-68479-1_12
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