The public cost of Minor League Baseball stadium subsidies
研究首次系统统计美国小联盟棒球场建设中的政府补贴,发现州和地方政府已投入70亿美元,但通过MLB重组自然实验分析,未发现保留球队的城市收入更高,质疑了补贴的经济合理性。
Abstract Public financing of major league sports venues has been widely studied, but government support for minor league facilities has not been systematically documented. This study introduces a new database of Minor League Baseball stadium funding to measure the prevalence and magnitude of subsidies. State and local governments have spent $7 billion constructing and renovating 134 minor league ballparks for Major League Baseball (MLB) affiliates, raising important policy implications for moderately sized municipalities. Using MLB's reorganization of its minor leagues as a natural experiment, the analysis finds no income differences between cities that lost or retained teams, undermining the economic rationale for taxpayer subsidization.