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Private and Public Sports Venue Deve...
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Jakar, Gidon S.
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Private and Public Sports Venue Development Dilemmas: Economic Geography, Sport Venue Development, and Public Finance.
紀錄類型:
書目-電子資源 : Monograph/item
正題名/作者:
Private and Public Sports Venue Development Dilemmas: Economic Geography, Sport Venue Development, and Public Finance./
作者:
Jakar, Gidon S.
出版者:
Ann Arbor : ProQuest Dissertations & Theses, : 2020,
面頁冊數:
163 p.
附註:
Source: Dissertations Abstracts International, Volume: 82-07, Section: A.
Contained By:
Dissertations Abstracts International82-07A.
標題:
Geography. -
電子資源:
https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=28240125
ISBN:
9798684625480
Private and Public Sports Venue Development Dilemmas: Economic Geography, Sport Venue Development, and Public Finance.
Jakar, Gidon S.
Private and Public Sports Venue Development Dilemmas: Economic Geography, Sport Venue Development, and Public Finance.
- Ann Arbor : ProQuest Dissertations & Theses, 2020 - 163 p.
Source: Dissertations Abstracts International, Volume: 82-07, Section: A.
Thesis (Ph.D.)--University of Michigan, 2020.
This item must not be sold to any third party vendors.
Sport venues for professional teams in North America have drawn substantial attention from academicians, elected officials, and taxpayers across more than 50 years. That focus is a result of the cultural significance of sport and the magnitude of the public sector's investment in the venues used by professional sport franchises since the 1950s. Franchise owners have a clear interest in securing subsidies for venues that offer enhanced amenities that produce new and more revenue streams. In the absence of public sector investment, a new or renovated arena, ballpark, or stadium would cost an owner more money. With regard to the public sector's interests in these investments and venues, several unresolved questions frame the political discourse that defined this dissertation. The primary purpose of this three-paper dissertation is to study the economics of venue investment and development and broaden the current literature on stadium finance and public policy. Each of the three studies provide new insights related to existing theory, confirm previously proposed arguments, and propose new methods to examine the finances of professional sport venues. The first study is a spatial analysis of the distribution of professional sport franchises in the United States, critically examining the impact of the monopolies on the geographical distribution. The second study analyzes attendance in English soccer, particularly the duration of the statistical association between increased attendance and new stadiums. The final study examines public policy, public finance and urban planning theories associated with sport venue finance and development. Based on the quantitative and qualitative analyses in my research, I conclude and corroborate important evidence of anti-market behavior and detail the monopolistic structure of the North American professional sport leagues and how their policies significantly affects where franchises are located. The leagues' actions create the market-failure that leads to the provision of public subsidies to attract and retain teams. Because of the monopolies, it also appears that the long-term effect of new facilities on attendance and economic activity is different compared to levels in English soccer that includes promotion and relegation. The duration of the association between the new stadiums and attendance was significantly longer in English soccer than the "honeymoon" in North American sports. As I revealed in the third study in the dissertation, despite the criticism against the allocation of public resources and incentives, since 2010 the public sector provided more than five billion USD to support the development of professional sport venues. Public incentives are unlikely to change; therefore, I propose that the analysis of sport related projects should focus on more recent urban development and governance theories as opposed to neoclassical public finance ones.There are several future research possibilities stemmed from my studies, including analyzing the spatial distribution of professional sports with data that includes economic variables such as firms, and evaluating the optimal number of franchises and their locations. Studies should examine attendance trends and their association with new stadiums in other leagues outside of North American, offering additional perspectives on the behavior within different leagues that include promotion and relegation. Finally, I propose that future studies should examine the development and finance of sport facilities with a more extensive analysis of urban studies theories including urban entrepreneurialism, municipal capitalism, and performance and conformance. .
ISBN: 9798684625480Subjects--Topical Terms:
524010
Geography.
Subjects--Index Terms:
English soccer attendance honeymoon effect
Private and Public Sports Venue Development Dilemmas: Economic Geography, Sport Venue Development, and Public Finance.
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Sport venues for professional teams in North America have drawn substantial attention from academicians, elected officials, and taxpayers across more than 50 years. That focus is a result of the cultural significance of sport and the magnitude of the public sector's investment in the venues used by professional sport franchises since the 1950s. Franchise owners have a clear interest in securing subsidies for venues that offer enhanced amenities that produce new and more revenue streams. In the absence of public sector investment, a new or renovated arena, ballpark, or stadium would cost an owner more money. With regard to the public sector's interests in these investments and venues, several unresolved questions frame the political discourse that defined this dissertation. The primary purpose of this three-paper dissertation is to study the economics of venue investment and development and broaden the current literature on stadium finance and public policy. Each of the three studies provide new insights related to existing theory, confirm previously proposed arguments, and propose new methods to examine the finances of professional sport venues. The first study is a spatial analysis of the distribution of professional sport franchises in the United States, critically examining the impact of the monopolies on the geographical distribution. The second study analyzes attendance in English soccer, particularly the duration of the statistical association between increased attendance and new stadiums. The final study examines public policy, public finance and urban planning theories associated with sport venue finance and development. Based on the quantitative and qualitative analyses in my research, I conclude and corroborate important evidence of anti-market behavior and detail the monopolistic structure of the North American professional sport leagues and how their policies significantly affects where franchises are located. The leagues' actions create the market-failure that leads to the provision of public subsidies to attract and retain teams. Because of the monopolies, it also appears that the long-term effect of new facilities on attendance and economic activity is different compared to levels in English soccer that includes promotion and relegation. The duration of the association between the new stadiums and attendance was significantly longer in English soccer than the "honeymoon" in North American sports. As I revealed in the third study in the dissertation, despite the criticism against the allocation of public resources and incentives, since 2010 the public sector provided more than five billion USD to support the development of professional sport venues. Public incentives are unlikely to change; therefore, I propose that the analysis of sport related projects should focus on more recent urban development and governance theories as opposed to neoclassical public finance ones.There are several future research possibilities stemmed from my studies, including analyzing the spatial distribution of professional sports with data that includes economic variables such as firms, and evaluating the optimal number of franchises and their locations. Studies should examine attendance trends and their association with new stadiums in other leagues outside of North American, offering additional perspectives on the behavior within different leagues that include promotion and relegation. Finally, I propose that future studies should examine the development and finance of sport facilities with a more extensive analysis of urban studies theories including urban entrepreneurialism, municipal capitalism, and performance and conformance. .
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