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Estimating economic impact using ex post econometric analysis: Cautionary tales

Robert Baumann () and Victor Matheson

No 1103, Working Papers from College of the Holy Cross, Department of Economics

Abstract: This paper provides an overview of techniques that can be used to estimate the economic impact of stadiums, events, championships, and franchises on local economies. Utilizing data from National Collegiate Athletic Association championships, this paper highlights the potential problems that can be made if city and time effects are not handled and unit-roots are not accounted for. In addition, the paper describes the technique for estimating dynamic panel data and the advantages that come with these modeling techniques.

Keywords: College sports; impact analysis; econometrics (search for similar items in EconPapers)
JEL-codes: C23 L83 R53 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2011-05
New Economics Papers: this item is included in nep-ure
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Published in The Econometrics of Sport, Plácido Rodríguez, Stefan Kesenne and Jaume García, eds., (London: Edward Elgar, 2013), pp. 169-188.

Downloads: (external link)
https://hcapps.holycross.edu/hcs/RePEc/hcx/HC1103- ... ann_Econometrics.pdf (application/pdf)

Related works:
Chapter: Estimating economic impact using ex post econometric analysis: cautionary tales (2013) Downloads
Working Paper: Estimating economic impact using ex post econometric analysis: Cautionary tales (2011) Downloads
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