| By: |
Kaitlyn Harger (Florida Gulf Coast University);
Brad R. Humphreys (West Virginia University, Department of Economics);
Amanda Ross (West Virginia University, Department of Economics) |
| 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: |
R13 R58 H71 |
| Date: |
2015–07 |
| URL: |
http://d.repec.org/n?u=RePEc:wvu:wpaper:15-32&r=all |