Do New Sports Facilities Attract New Businesses?

14 Pages Posted: 2 Aug 2015

See all articles by Kaitlyn Harger

Kaitlyn Harger

West Virginia University; Florida Gulf Coast University

Brad R. Humphreys

West Virginia University - Department of Economics

Amanda Ross

University of Alabama - Culverhouse College of Commerce & Business Administration

Date Written: July 31, 2015

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

JEL Classification: R13, R58, H71, Z23

Suggested Citation

Harger, Kaitlyn and Humphreys, Brad R. and Ross, Amanda, Do New Sports Facilities Attract New Businesses? (July 31, 2015). Available at SSRN: https://ssrn.com/abstract=2638518 or http://dx.doi.org/10.2139/ssrn.2638518

Kaitlyn Harger

West Virginia University ( email )

PO Box 6025
Morgantown, WV 26506
United States

Florida Gulf Coast University ( email )

10485 FGCU Blvd S
Ft. Myers, FL 33965-6565
United States

Brad R. Humphreys (Contact Author)

West Virginia University - Department of Economics ( email )

Morgantown, WV 26506
United States

Amanda Ross

University of Alabama - Culverhouse College of Commerce & Business Administration ( email )

Culverhouse College of Business
Tuscaloosa, AL 35487-0223
United States

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