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The impact of sports stadiums on localized commercial activity: Evidence from a Business Improvement District

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  • John Charles Bradbury

Abstract

This analysis exploits the relocation of a professional baseball team from downtown Atlanta to a pre‐existing Community Improvement District (CID) in suburban Cobb County to estimate the impact of the stadium development on commercial property values. The existence of multiple CIDs in the metro‐Atlanta area provides the opportunity to estimate a counterfactual comparison absent the stadium to draw causal inference regarding the stadium's impact on economic activity using the synthetic control method. Estimates do not identify increased commercial property values from the stadium development, which is consistent with past studies that find little to no positive impact on economic activity.

Suggested Citation

  • John Charles Bradbury, 2022. "The impact of sports stadiums on localized commercial activity: Evidence from a Business Improvement District," Journal of Regional Science, Wiley Blackwell, vol. 62(1), pages 194-217, January.
    • Handle: RePEc:bla:jregsc:v:62:y:2022:i:1:p:194-217
    DOI: 10.1111/jors.12560
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    Cited by:

    1. David Castells-Quintana & Roberto Gasquez, 2024. "Club football and economic dynamism: a regional analysis for Europe," Working Papers wpdea2402, Department of Applied Economics at Universitat Autonoma of Barcelona.
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    3. Tsai, I-Chun, 2024. "A wise investment by urban governments: Evidence from intelligent sports facilities," Journal of Asian Economics, Elsevier, vol. 92(C).
    4. Wanyoung Lee & Yoonso Choi, 2024. "Critical Interpretation of Spatiality in Professional Korean Football Stadiums: Relph’s Theory of Placeness," Sociological Research Online, , vol. 29(1), pages 204-220, March.

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