Do New Sports Facilities Attract New Businesses?

Kaitlyn Harger, Brad Humphreys and Amanda Ross ()
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Kaitlyn Harger: Florida Gulf Coast University

No 15-32, Working Papers from Department of Economics, West Virginia University

Abstract: We examine the impact of new sports facilities on new businesses, an unexplored topic in the literature. We use data from the Dunn and Bradstreet MarketPlace files to examine how new sports facilities affect nearby business activity in terms of the number of new businesses and workers. We find no evidence of increased new businesses openings after the opening of new sports facilities in 13 US cities in the 2000s; employment at new businesses near new facilities is larger than at new businesses elsewhere in the MSA; this increase cannot be linked to businesses in any specific industry.

Keywords: new sports facility; difference-in-differences model; firm level data (search for similar items in EconPapers)
JEL-codes: H71 R13 R58 Z23 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2015-07
New Economics Papers: this item is included in nep-ent, nep-geo, nep-ino and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Journal Article: Do New Sports Facilities Attract New Businesses? (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:wvu:wpaper:15-32

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