Document Type

Article

Publication Date

2013

Abstract

This paper uses an extensive unique dataset to investigate the justification of government subsidies for minor league baseball teams and stadiums by measuring pecuniary gains in a local economy. Specifically, a dynamic panel data model incorporating 238 Metropolitan Statistical Areas that hosted affiliated or independent minor league teams between 1985 and 2006 shows that AAA teams, A+ teams, AA stadiums, and rookie stadiums are all associated with significant positive effects on the change in local per capita income. The presence of positive effects is strikingly different from decades of non-positive results at the major league level.

Comments

This work is a post-print version of an article published by Sage

The published article is available at: http://dx.doi.org/10.1177/1527002511422939

DOI

10.1177/1527002511422939

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