Les effets financiers et économiques de la construction d'un stade aux Etats-Unis

Jacques Fontanel () and Liliane Bensahel
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UPMF - Université Pierre Mendès France - Grenoble 2 - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble

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Abstract: The construction of a large stadium in a metropolis is a cost, an opportunity cost and an opportunity to boost the local economy. There are many incentives to build stadiums, particularly to obtain a franchise in a major American sport. The financing required is considerable and the financial profitability of stadiums proves very difficult, especially if the question of opportunity costs is introduced. On the other hand, the image of the city and the multiplier effects of the investments made justify public investment for American sport. However, the crowding-out effects are not negligible and the question is whether the creation of a stadium makes the city more attractive and whether there are no other means to achieve a similar goal at a lower cost.

Keywords: stadium financing; commercial franchising; opportunity costs; Stade; financement d'un stade; franchise commerciale; coûts d'opportunité (search for similar items in EconPapers)
Date: 2000-03
Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02977503v1
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Published in Réflexions sur l’économie du sport, Université Pierre Mendès France de Grenoble, Côté Cours, 2000

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