Date of This Version
baseball, impact analysis, World Series, sports, mega-event
An empirical analysis of the economic impact of the Major League Baseball’s postseason on host-city economies from 1972-2001 suggests that any economic benefits from the playoff are small or non-existent. An examination of 129 playoff series finds that any increase ineconomic growth as a result of the post-season is not statistically significantly different than zero and that a best guess of the economic impact is $6.8 million per home game. As a general method of economic development, public support of a baseball team’s attempt to reach the World Series should be seen as a gamble at best.
Working Paper Number
Matheson, Victor and Baade, Robert, "A Fall Classic? Assessing the Economic Impact of the World Series" (2005). Economics Department Working Papers. Paper 92.