The Consensus (?) on Public Spending on Professional Sports Facilities

Silas F. Johnson et al.

Economic Development Quarterly2025https://doi.org/10.1177/08912424251314757article
ABDC B
Weight
0.37

Abstract

Based on surveys and reviews of past academic work, many social scientists and policy pundits claim that public spending on professional sports team venues has been and will be poor public spending choices. Since the late 2000s, this claimed consensus has become a strident policy stance—such spending violates public finance principles and cannot pass a benefit-cost test. The authors raise three main concerns with this claimed consensus and resurrect a method of assessing this type of spending issue that has been steamrolled by the claimed consensus. The goal is the careful assessment of the minimum level of public spending that can be supported by achieving efficient levels of consumers’ surpluses and externalities.

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https://doi.org/https://doi.org/10.1177/08912424251314757

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@article{silas2025,
  title        = {{The Consensus (?) on Public Spending on Professional Sports Facilities}},
  author       = {Silas F. Johnson et al.},
  journal      = {Economic Development Quarterly},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/08912424251314757},
}

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The Consensus (?) on Public Spending on Professional Sports Facilities

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Evidence weight

0.37

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.16 × 0.4 = 0.06
M · momentum0.53 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.