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on Sports and Economics |
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Issue of 2010‒05‒02
two papers chosen by Joao Carlos Correia Leitao University of Beira Interior and Technical University of Lisbon |
| By: | Katherine A. Kiel (Department of Economics, College of the Holy Cross); Victor Matheson (Department of Economics, College of the Holy Cross); Christopher Sullivan (Boston College) |
| Abstract: | This paper estimates the public benefits to homeowners in cities with NFL franchises by examining housing prices rather than housing rents. In contrast to Carlino and Coulson (2004) we find that the presence of an NFL franchise has no effect on housing prices in a city. Furthermore, we also test whether the presence and size of the subsidy to the team affects values and find that higher subsidies for NFL stadium construction lead to lower house prices. This suggests that the benefits that homeowners receive from the presence of a team are negated by the increased tax burden due to the subsidies paid to the franchises. |
| Keywords: | impact analysis, stadiums, football, mega-event, tourism |
| JEL: | L83 O18 R53 |
| Date: | 2010–04 |
| URL: | http://d.repec.org/n?u=RePEc:hcx:wpaper:1001&r=spo |
| By: | Charlotte Cabane (CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Panthéon-Sorbonne - Paris I) |
| Abstract: | It is known that non-cognitive skills are an important determinant of success in life. However, their returns are not simple to measure and, as a result, only relatively few studies have dealt with this empirical question on the labour market. We consider sports practice as a way to improve or signal non-cognitive skills endowment. Therefore, the analysis of its impact on the labour market integration allows us to evaluate the returns of some specific non-cognitive skills. We test the hypothesis that sporty people -ceteris paribus- have access to higher quality of job thanks to the non-cognitive skills they have or they are supposed to have. Using objective measures of job quality, we demonstrate that being sporty does matter and that its effect cannot be award to any other extracurricular activities. |
| Keywords: | Job quality, sport, non-cognitive skills. |
| Date: | 2010–03 |
| URL: | http://d.repec.org/n?u=RePEc:hal:cesptp:halshs-00476028_v1&r=spo |