Value of Public Goods from Sports Stadiums: The Cvm Approach
Value of Public Goods from Sports Stadiums: The Cvm Approach
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体育场馆公共产品的价值：CVM 方法
DOI：
10.1111/j.1465-7287.2000.tb00005.x
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发表时间：
2000
期刊：
影响因子：
--
通讯作者：
J. Whitehead
中科院分区：
文献类型：
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作者：
Bruce K. Johnson;J. Whitehead
许多州和地方政府为专业运动队建造竞技场和体育场提供补贴。他们往往以项目产生了宝贵的公共产品和积极的外部效应来证明补贴的合理性，尽管这些好处很难衡量。本文报告了应用条件价值评估法（CVM）来衡量两个拟议项目产生的公共产品的价值在列克星敦，肯塔基州：一个新的篮球竞技场为肯塔基州大学和一个小联盟棒球场。这两个项目都不会产生足够有价值的公共产品，证明有必要进行公共融资。虽然结果不能推广到其他情况下，他们确实揭示了一些主要的问题，他们证明了应用CVM的补贴体育场馆的评估的可行性。
Many state and local governments have subsidized the construction of arenas and stadium for the use of professional sports teams. They often justify the subsidies by claiming the projects generate valuable public goods and positive externalities, though such benefits are difficult to measure. This article reports an application of the contingent valuation method (CVM) to measure the value of public goods generated by two proposed projects in Lexington, Kentucky: a new basketball arena for the University of Kentucky and a minor league baseball stadium. Neither project would generate sufficiently valuable public goods to justify public financing. Although the results cannot be generalized to other cases, they do shed light on some of the main issues involved, and they demonstrate the feasibility of applying CVM to the evaluation of the subsidized stadiums.