Striking out: estimating the economic impact of baseball's World Series
by Victor A. Matheson, Robert A. Baade
International Journal of Sport Management and Marketing (IJSMM), Vol. 3, No. 4, 2008

Abstract: An empirical analysis of the economic impact of the Major League Baseball's post-season on host-city economies from 1972–2000 suggests that any economic benefits from post-season appearances are small or non-existent. An examination of 129 playoff series finds that any increases in economic growth as a result of the playoffs are 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 subsidisation of a baseball team's attempt to reach the World Series in order to reap a city-wide financial windfall should be seen as a gamble at best.

Online publication date: Tue, 19-Feb-2008

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