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- W943121014 abstract "We develop a monopolistic competition model of urban service consumption and production that includes spatial structure and property values. The model shows that the introduction of a new professional sports facility and team generates agglomeration effects that change the mix of services and property values, and increases local welfare, part of which is transferred to the team as subsidies for the construction of the facility. The distributional consequences of the new facility and the implications of property tax based financing for the subsidy are analyzed." @default.
- W943121014 created "2016-06-24" @default.
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- W943121014 date "2015-09-01" @default.
- W943121014 modified "2023-10-16" @default.
- W943121014 title "Sports facilities, agglomeration, and public subsidies" @default.
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- W943121014 doi "https://doi.org/10.1016/j.regsciurbeco.2015.07.004" @default.
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