Should Cities Be Ready for Some Football? Assessing the Social Benefits of Hosting an NFL Team
This article tackles the question: Are large public expenditures on new stadiums a good investment for cities? Although public subsidies for professional sports teams are controversial, the answer to our question may well be yes. In this article, Jerry Carlino and visiting scholar Ed Coulson from Penn State report the results of their 2003 study: When quality-of-life benefits are included in the calculation, building new stadiums and hosting an NFL franchise may indeed be a good deal for cities and their residents.
The article discusses the geographic importance of business enterprise location and its possible economical impacts. It comments on how these new, or "de novo," cluster of companies endure various ...