IDEAS home Printed from https://ideas.repec.org/p/spe/wpaper/0614.html
   My bibliography  Save this paper

A Tale of Two Stadiums: Comparing the Economic Impact of Chicago’s Wrigley Field and U.S. Cellular Field

Author

Listed:
  • Victor Matheson

    (Department of Economics, College of the Holy Cross)

  • Robert Baade

    (Department of Economics and Business, Lake Forest College)

  • Mimi Nikolova

    (Department of Economics and Business, Lake Forest College)

Abstract

Supporters of sports stadium construction often defend taxpayer subsidies for stadiums by suggesting that sports infrastructure can serve as an anchor for local economic redevelopment. Have such promises of economic rejuvenation been realized? The City of Chicago provides an interesting case study on how a new stadium, U. S. Cellular Field, has been integrated into its southside neighborhood in a way that may well have limited local economic activity. This economic outcome stands in stark contrast to Wrigley Field in northern Chicago which continues to experience a synergistic commercial relationship with its neighborhood.

Suggested Citation

  • Victor Matheson & Robert Baade & Mimi Nikolova, 2006. "A Tale of Two Stadiums: Comparing the Economic Impact of Chicago’s Wrigley Field and U.S. Cellular Field," Working Papers 0614, International Association of Sports Economists;North American Association of Sports Economists.
    • Handle: RePEc:spe:wpaper:0614
    as

    Download full text from publisher

    File URL: http://web.holycross.edu/RePEc/spe/BaadeMatheson_TwoStadiums.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Victor Matheson, 2006. "Economic Impact Analysis," Chapters, in: Wladimir Andreff & Stefan Szymanski (ed.), Handbook on the Economics of Sport, chapter 12, Edward Elgar Publishing.
    2. John J. Siegfried & Andrew Zimbalist, 2000. "The Economics of Sports Facilities and Their Communities," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 95-114, Summer.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Victor Matheson, 2012. "Assessing the infrastructure impact of mega-events in emerging economies," Working Papers 1203, College of the Holy Cross, Department of Economics.
    2. Witthaus, Bjorn, 2020. "The impact of mega sport’s events on tourism sector. The case of Euro 2012 in Pomerania region," MPRA Paper 103936, University Library of Munich, Germany.
    3. Gabriel Ahlfeldt & Wolfgang Maennig, 2009. "Arenas, Arena Architecture and the Impact on Location Desirability: The Case of `Olympic Arenas' in Prenzlauer Berg, Berlin," Urban Studies, Urban Studies Journal Limited, vol. 46(7), pages 1343-1362, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Amavilah, Voxi Heinrich, 2006. "The Economic Impact on the Dominican Republic of Baseball Player Exports to the USA," MPRA Paper 1672, University Library of Munich, Germany.
    2. M.R. van den Berg & M. de Nooij, 2013. "The bidding paradox: why economists, consultants and politicians disagree on the economic effects of mega sports events but might agree on their attractiveness," Working Papers 13-08, Utrecht School of Economics.
    3. Kavetsos, Georgios & Szymanski, Stefan, 2010. "National well-being and international sports events," Journal of Economic Psychology, Elsevier, vol. 31(2), pages 158-171, April.
    4. Dennis Coates & Brad R. Humphreys, 2008. "Do Economists Reach a Conclusion on Subsidies for Sports Franchises, Stadiums, and Mega-Events?," Econ Journal Watch, Econ Journal Watch, vol. 5(3), pages 294-315, September.
    5. Stephan Gundel & Achim Hecker, 2006. "Funding and operation of stadiums and arenas beside high-class leagues," Working Papers 0604, International Association of Sports Economists;North American Association of Sports Economists.
    6. Matthew Higgins & Daniel Levy & Andrew T. Young, 2003. "Growth and Convergence across the US: Evidence from County-Level Data," Working Papers 2003-03, Bar-Ilan University, Department of Economics.
    7. Jason Barr, 2013. "Skyscrapers And Skylines: New York And Chicago, 1885–2007," Journal of Regional Science, Wiley Blackwell, vol. 53(3), pages 369-391, August.
    8. Tsai, I-Chun, 2024. "A wise investment by urban governments: Evidence from intelligent sports facilities," Journal of Asian Economics, Elsevier, vol. 92(C).
    9. Daumann Frank & Langer Mathias, 2002. "Zur staatlichen Förderung von Sport-Großveranstaltungen," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 53(1), pages 279-298, January.
    10. Victor A. Matheson, 2005. "Contrary Evidence on the Economic Effect of the Super Bowl on the Victorious City," Journal of Sports Economics, , vol. 6(4), pages 420-428, November.
    11. Andrew T. Young & Matthew J. Higgins & Daniel Levy, 2004. "Heterogeneity in Convergence Rates and Income Determination across U.S. States: Evidence from County-Level Data," Working Papers 2004-1, Bar-Ilan University, Department of Economics.
    12. Metaxas, Theodore & Bati, Aristea & Filippopoulos, Dimitris & Drakos, Kostas & Tzellou, Vagia, 2011. "Strategic place marketing and place branding: 15 years of mega-events in Lisbon," MPRA Paper 41004, University Library of Munich, Germany, revised 2011.
    13. António Martins & Ana Serra, 2011. "Market impact of international sporting and cultural events," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 35(4), pages 382-416, October.
    14. Brachert, Matthias, 2018. "The regional effects of professional sports franchises: Causal evidence from four European football leagues," IWH Discussion Papers 10/2018, Halle Institute for Economic Research (IWH).
    15. Jean-Marc Falter & Christophe Pérignon & Olivier Vercruysse, 2008. "Impact of Overwhelming Joy on Consumer Demand," Journal of Sports Economics, , vol. 9(1), pages 20-42, February.
    16. Geoffrey Propheter & Megan E. Hatch, 2015. "Evaluating Parking Monetization as a Strategy for Subsidizing Major League Sports Facilities," Growth and Change, Wiley Blackwell, vol. 46(1), pages 1-15, March.
    17. Dennis Coates & Victor Matheson, 2011. "Mega-events and housing costs: raising the rent while raising the roof?," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 46(1), pages 119-137, February.
    18. Dolan, Paul & Kavetsos, Georgios & Krekel, Christian & Mavridis, Dimitris & Metcalfe, Robert & Senik, Claudia & Szymanski, Stefan & Ziebarth, Nicolas R., 2019. "Quantifying the intangible impact of the Olympics using subjective well-being data," Journal of Public Economics, Elsevier, vol. 177(C), pages 1-1.
    19. Robert W. Wassmer & Ryan S. Ong & Geoffrey Propheter, 2016. "Suggestions for the Needed Standardization of Determining the Local Economic Impact of Professional Sports," Economic Development Quarterly, , vol. 30(3), pages 252-266, August.
    20. Hyunwoong Pyun, 2019. "Exploring causal relationship between Major League Baseball games and crime: a synthetic control analysis," Empirical Economics, Springer, vol. 57(1), pages 365-383, July.

    More about this item

    Keywords

    sports; stadiums; development; baseball; Chicago; economic impact;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R53 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Public Facility Location Analysis; Public Investment and Capital Stock

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spe:wpaper:0614. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Victor Matheson (email available below). General contact details of provider: https://edirc.repec.org/data/iaseeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.