Estimating the economic impact of a minor league baseball stadium

Minor league baseball has enjoyed a renaissance in recent years. In many communities baseball supporters are proposing sports stadiums often with some degree of tax support requiring voter approval. Economic growth and development are issues citizens are asked to consider when they vote. This paper...

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Bibliographic Details
Published in:Managerial and decision economics 1994-09, Vol.15 (5), p.497-502
Main Authors: Colclough, William G., Daellenbach, Lawrence A., Sherony, Keith R.
Format: Article
Language:English
Subjects:
Baseball
Censuses
Construction industries
Construction industry
Economic impact
Economic impact analysis
Economic models
Economic statistics
Employment
Expenditures
Funding
III. The Industry of Sports
Input output analysis
Multiplier
Professional sports
Revenue
Spending
Sports fandom
Stadiums
Studies
Wages & salaries
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Summary:Minor league baseball has enjoyed a renaissance in recent years. In many communities baseball supporters are proposing sports stadiums often with some degree of tax support requiring voter approval. Economic growth and development are issues citizens are asked to consider when they vote. This paper presents an easily adaptable model for estimating the direct and indirect economic impact of a minor league baseball team on the community. An application of the model is featured. Direct expenditures from external sources are estimated and RIMS II regional multipliers are applied to determine the indirect impact on area output, earnings and employment.
ISSN:0143-6570
1099-1468
DOI:10.1002/mde.4090150511