{"title":"Sports Facilities as a Housing Amenity: Do Prices Follow Facilities?","authors":"Geoffrey Propheter","doi":"10.1177/15270025221132221","DOIUrl":null,"url":null,"abstract":"The sports facility amenity theory predicts that when facility sites change, home prices nearer the prior site decline while home prices nearer the new site increase. Using home sales data in the vicinity of two proposed facility sites for the Golden State Warriors in San Francisco, the data are generally supportive of the amenity theory. The study also shows that Euclidean and walking distance can yield dissimilar treatment effect sizes, thus compelling researchers to justify their distance measurement choice. Finally, the data provide weak support that home buyers respond to changes in facility re-designs towards increased public benefits.","PeriodicalId":51522,"journal":{"name":"Journal of Sports Economics","volume":"24 1","pages":"443 - 474"},"PeriodicalIF":1.8000,"publicationDate":"2022-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Sports Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1177/15270025221132221","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The sports facility amenity theory predicts that when facility sites change, home prices nearer the prior site decline while home prices nearer the new site increase. Using home sales data in the vicinity of two proposed facility sites for the Golden State Warriors in San Francisco, the data are generally supportive of the amenity theory. The study also shows that Euclidean and walking distance can yield dissimilar treatment effect sizes, thus compelling researchers to justify their distance measurement choice. Finally, the data provide weak support that home buyers respond to changes in facility re-designs towards increased public benefits.
体育设施舒适性理论预测，当体育设施场地发生变化时，靠近旧场地的房价会下降，而靠近新场地的房价会上涨。利用旧金山金州勇士队(Golden State Warriors)拟建的两个球场附近的房屋销售数据，数据总体上支持了舒适理论。该研究还表明，欧氏距离和步行距离可以产生不同的治疗效果大小，从而迫使研究人员证明他们的距离测量选择是合理的。最后，数据提供了微弱的支持，购房者对设施重新设计的变化做出反应，以增加公共利益。
期刊介绍：
Journal of Sports Economics publishes scholarly research in the field of sports economics. The aim of the journal is to further research in the area of sports economics by bringing together theoretical and empirical research in a single intellectual venue. Relevant topics include: labor market research; labor-management relations; collective bargaining; wage determination; local public finance; and other fields related to the economics of sports. Published quarterly, the Journal of Sports Economics is unique in that it is the only journal devoted specifically to this rapidly growing field.
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