Abstract

This article examines the effects of foregone gate revenues and reduced visitor days as a result of the 1994 major league baseball strike on Pennsylvania jobs, business activity, and income. The authors use a macroeconomic model of the Pennsylvania economy to estimate that the strike probably had negligible net impacts on the Pennsylvania economy. These findings contradict the popular view that the strike had serious aggregate economic consequences and emphasize that commercial sports activity comprise only a minor share of regional economies.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.