Novelty Effects of New Facilities on Attendance at Professional Sporting Events

20 Pages Posted: 27 May 2006

See all articles by Dennis Coates

Dennis Coates

University of Maryland, Baltimore County

d R. Humphreys

affiliation not provided to SSRN

Date Written: July 2005

Abstract

We investigate the effect of new facilities on attendance in professional baseball, basketball, and football from 1969 to 2001. We find a strong, persistent effect in baseball and basketball, and little effect in football. Size and duration estimates imply that baseball teams sell 2,500,794 additional tickets over the first eight seasons, basketball teams 293,878 over the first nine seasons, and football teams 137,792 over the first five seasons, implying an increase in revenues that could defray public subsidies that state and local governments provide for new sports construction projects. Rough calculations suggest that stadium subsidies are an inefficient method of subsidizing professional sports franchises. (JEL R39, D12, L83)

Suggested Citation

Coates, Dennis and Humphreys, d R., Novelty Effects of New Facilities on Attendance at Professional Sporting Events (July 2005). Contemporary Economic Policy, Vol. 23, Issue 3, pp. 436-455, 2005, Available at SSRN: https://ssrn.com/abstract=904756

Dennis Coates (Contact Author)

University of Maryland, Baltimore County ( email )

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D R. Humphreys

affiliation not provided to SSRN

No Address Available

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