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- W90011599 abstract "The vast majority of research into the economic impacts of sports stadiums and franchises fail to find any evidence of positive contributions of professional sports teams or stadium construction to employment, wages/salaries and economic growth. In this study, the case of a New Zealand city, Wellington, is considered, and econometric models of employment growth and wage growth are developed to examine the role of recent stadium construction on the local economy, using quarterly data from 1989-2003. Results from this study found that despite its financial successes, the construction of the Westpac Stadium failed to stimulate either employment growth or wage growth. Results also indicated that stadium construction merely kept employment growth and wage growth in a holding pattern, as significant reductions in both wage and employment growth were experienced post-construction." @default.
- W90011599 created "2016-06-24" @default.
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- W90011599 date "2005-01-01" @default.
- W90011599 modified "2023-09-23" @default.
- W90011599 title "Oasis or Mirage? Assessing the Impact of the Westpac Stadium on the Wellington Economy: An Ex Post Analysis" @default.
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- W90011599 doi "https://doi.org/10.2139/ssrn.968531" @default.
- W90011599 hasPublicationYear "2005" @default.
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