Sports arenas in Sweden : A study investigating the impact of sports arenas on net migration and amenity premiums.
Abstract: This paper examines the impact of the building or renovation of a sports arena on net migration and amenity premiums. Swedish municipal data is collected for 289 municipalities over the period 1999 to 2016. The econometric analysis makes use of fixed effects (FE) and feasible generalised linear squares (FGLS) estimation techniques. This study builds on the growing literature of the intangible benefits of sports arenas and is one of the few Swedish studies of its kind. The results show that a sports arena built in year t, realises a 3.458% increase in net migration in year t + 5, for those sports arenas being used by football and ice hockey teams in the highest and second highest leagues.
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