The Impact of a Professional Sports Franchise on County Employment and Wages

International Journal of Sport Finance, Vol. 3, No. 4, pp. 210-227, November 2008

26 Pages Posted: 26 Jun 2008 Last revised: 3 Apr 2009

See all articles by John Jasina

John Jasina

Claflin University

Kurt W. Rotthoff

Seton Hall University - W. Paul Stillman School of Business

Date Written: May 25, 2008

Abstract

Stadium boosters have long used the promise of economic development as a means of gaining public support to finance local sports teams. Past research has shown little or no impact on employment or income when viewed at the MSA level. This paper expands the current literature on the economic impact of professional sports franchises. Following Coates and Humphreys (2003) we look at employment and wages at the county level using detailed SIC and NAICS industry codes. We find mixed results on employment within a county, but find a negative effect on the payrolls within these industries.

Keywords: Stadium Finance, Public Finance, Sports, Employment

JEL Classification: H42, J3, J21, L83

Suggested Citation

Jasina, John and Rotthoff, Kurt W., The Impact of a Professional Sports Franchise on County Employment and Wages (May 25, 2008). International Journal of Sport Finance, Vol. 3, No. 4, pp. 210-227, November 2008, Available at SSRN: https://ssrn.com/abstract=1151311

John Jasina

Claflin University ( email )

400 Magnolia St.
Orangeburg, SC 29115
United States

Kurt W. Rotthoff (Contact Author)

Seton Hall University - W. Paul Stillman School of Business ( email )

400 S Orange Avenue
JH 674
South Orange, NJ 07079
United States
973-761-9102 (Phone)

HOME PAGE: http://pirate.shu.edu/~rotthoku/

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