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Regional Economic Impact of Texas Motor Speedway: A Simulation (open access)

Regional Economic Impact of Texas Motor Speedway: A Simulation

This study proposes a method for measuring the regional economic impact of a relatively new sport: stock car racing. Although research on the economic impact of most major league sports is abundant, little has been written on stock car racing. The purpose of this paper is to estimate, through a simulation, the regional economic impact of Texas Motor Speedway. The study finds that the Texas Motor Speedway boosted economic activity by $87,179,367 in 1998 from racetrack operations, and supported 5,300 jobs paying $22,293,135 in earnings. In addition, expenditures by speedway visitor from outside the region are estimated at $22,985,200, further increasing the total local economic activity by $49 million.
Date: August 2000
Creator: Rattner, Laura E.
System: The UNT Digital Library
The Ballpark in Arlington: An Economic Impact Study (open access)

The Ballpark in Arlington: An Economic Impact Study

This study examines the fiscal impact the Ballpark in Arlington has on the City of Arlington. Many individuals argue that the new Ballpark in Arlington would create numerous new jobs and bring added economic development to the city, thus increasing tax revenues. An interrupted time-series approach was used to determine whether or not the new ballpark has a measurable impact on retail sales tax receipts in the City of Arlington. Based on sales tax rebate data obtains from the Texas Comptroller's Office, the study found no significant increase in sales tax receipts for Arlington during the baseball season. However, this is not to say that the Ballpark in Arlington has no impact on total local economic activity. These findings do call into question, as other studies have, the relative fiscal value of publicly-sponsored professional sports venues.
Date: August 2000
Creator: Smith, Joel
System: The UNT Digital Library