|Daron Acemoglu||MIT||Uncertain||1||Bio/Vote History|
|Alberto Alesina||Harvard||Did Not Answer||1||Bio/Vote History|
Tangible economic benefits are not large. Consumer satisfaction from having a local team is harder to quantify.
|Alan Auerbach||Berkeley||Agree||7||Bio/Vote History|
Hmm, Is this the most pressing economic issue of the moment? I wouldn't have thought so...
|Katherine Baicker||Harvard||Agree||3||Bio/Vote History|
|Abhijit Banerjee||MIT||No Opinion||Bio/Vote History|
|Marianne Bertrand||Chicago||Uncertain||3||Bio/Vote History|
|Markus Brunnermeier||Princeton||Strongly Agree||9||Bio/Vote History|
|Raj Chetty||Harvard||Did Not Answer||Bio/Vote History|
|Judith Chevalier||Yale||Did Not Answer||Bio/Vote History|
|David Cutler||Harvard||Strongly Agree||6||Bio/Vote History|
|Angus Deaton||Princeton||Agree||1||Bio/Vote History|
|Darrell Duffie||Stanford||No Opinion||Bio/Vote History|
|Aaron Edlin||Berkeley||No Opinion||Bio/Vote History|
|Barry Eichengreen||Berkeley||Agree||5||Bio/Vote History|
|Liran Einav||Stanford||Uncertain||3||Bio/Vote History|
|Ray Fair||Yale||Agree||5||Bio/Vote History|
|Amy Finkelstein||MIT||Did Not Answer||1||Bio/Vote History|
|Pinelopi Goldberg||Yale||Did Not Answer||1||Bio/Vote History|
|Austan Goolsbee||Chicago||Agree||1||Bio/Vote History|
Sports teams generate value that they cannot capture thru tixs/tv----Chicagoans benefited from Cubs winning WS. Subsidies are compensation
|Robert Hall||Stanford||Did Not Answer||Bio/Vote History|
The evidence suggests that expenditure by tourists is small and that locals who spend more on this sport spend less on other activities.
|Bengt Holmström||MIT||Uncertain||5||Bio/Vote History|
|Caroline Hoxby||Stanford||Strongly Agree||10||
The empirical research on this topic is fairly unambiguous.
-see background information here
|Hilary Hoynes||Berkeley||Agree||5||Bio/Vote History|
|Kenneth Judd||Stanford||Agree||7||Bio/Vote History|
|Steven Kaplan||Chicago||Agree||5||Bio/Vote History|
Full public financing of stadiums is mostly a transfer to the owners
|Pete Klenow||Stanford||Agree||5||Bio/Vote History|
|Jonathan Levin||Stanford||Did Not Answer||Bio/Vote History|
|Eric Maskin||Harvard||Agree||7||Bio/Vote History|
|William Nordhaus||Yale||No Opinion||Bio/Vote History|
|Emmanuel Saez||Berkeley||Agree||4||Bio/Vote History|
Common estimates of the benefits are often wildly inflated, and fail to distinguish total economic activity form net gains in activities.
See e.g. Zimbalist and Noll "Sports, Jobs, & Taxes: Are New Stadiums Worth the Cost?"
-see background information here
|Richard Schmalensee||MIT||Strongly Agree||7||
While there may be exceptions, this is a easy call -- particularly for football stadiums.
|Carl Shapiro||Berkeley||Did Not Answer||Bio/Vote History|
Some local economic benefits are easy to quantify and those are small. But agglomeration effects are harder to measure.
|Richard Thaler||Chicago||Agree||5||Bio/Vote History|
|Christopher Udry||Yale||Strongly Agree||10||
Almost always true, if "economic" is narrowly construed as "fiscal". This is true for museums and concert halls as well.
This panel explores the extent to which economists agree or disagree on major public policy issues. To assess such beliefs we assembled this panel of expert economists. Statistics teaches that a sample of (say) 40 opinions will be adequate to reflect a broader population if the sample is representative of that population.
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