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Star Power: The Effects of Superstar Athlete (Amenity) Movement on Local Economies

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dc.contributor.advisor Preston, Anne Elizabeth
dc.contributor.advisor Gaus, Eric
dc.contributor.advisor Owens, David M. Perez, Nick 2019-09-01T21:48:18Z 2019-09-01T21:48:18Z 2019
dc.description.abstract Previous economic literature exists on both amenities and the effects of sports-related influences on local economies. However, the literature on the economic impacts of sports has not only struggled to find sports-related influences which help local communities realize economic benefit(s), but also focuses primarily on teams rather than looking at individual players and/or superstars. Using a sample of 223 professional basketball and baseball “superstars” treated as mobile lifestyle amenities, this paper quantifies their levels of stardom through the development of amenity scores and uses these scores to analyze the impact(s) of their movements on local economies. The study is unique and provides a good baseline for further research into the topic. The study does, however, struggle in that it fails to utilize enough data to develop control variables which prove necessary in order to observe the true impacts of these superstars and their movement. Ultimately, this study does not find any correlation between the movements of “superstar” athletes and the growth rates of total employment, employment in the goods- producing sector, employment in the service-producing sector, or real per capita personal income, but does provide a clear vision for ways future research can build upon this study.
dc.description.sponsorship Haverford College. Department of Economics
dc.language.iso eng
dc.subject.lcsh Professional athletes -- Economic aspects -- United States
dc.subject.lcsh Economic development -- United States
dc.title Star Power: The Effects of Superstar Athlete (Amenity) Movement on Local Economies
dc.type Thesis
dc.rights.access Dark Archive until 2024-01-01, afterwards Haverford users only.

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