A COMPENSATING DIFFERENTIAL APPROACH TO VALUING THE SOCIAL BENEFIT OF MINOR LEAGUE BASEBALL

被引：12
|
作者：
Agha, Nola [1 ]
Coates, Dennis [2 ]
机构：
[1] Univ San Francisco, Sport Management Program, San Francisco, CA 94117 USA
[2] Univ Maryland Baltimore Cty, Dept Econ, Baltimore, MD 21250 USA
来源：
CONTEMPORARY ECONOMIC POLICY | 2015年 / 33卷 / 02期
关键词：
SPORTS FACILITIES; ECONOMIC-IMPACT; PUBLIC-GOODS; STADIUMS; VALUES; QUALITY; ARENAS; TEAMS;
D O I：
10.1111/coep.12080
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This research utilizes a compensating differential framework to measure the social benefits of minor league baseball teams. Consistent with findings at the major league level, individual housing observations from 138 metropolitan areas between 1993 and 2005 show that affiliated teams are associated with a significant 6 to 8% increase in rents in mid-sized markets ranging from 0.4 to 1.4 million people. On the other hand, independent teams and stadiums are associated with insignificant effects on rents. The positive effect of affiliated minor league teams suggests they are a valuable urban amenity that can contribute to local quality of life.
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页码：285 / 299
页数：15
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