Graduation Year
2019
Date of Submission
12-2018
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Heather Antecol
Terms of Use & License Information
Rights Information
2018 Henry J Frome
Abstract
In this thesis, I analyze the effect that a professional sports team has on its local real estate values. Using data from 2005-2016, I use an OLS regression to analyze two aspects of professional sports that could affect home values; presence of a team, and success of a team. I find that there is no significant correlation between presence of a team and increase in home values. However, statistically significant at the 1% level, I find that a 1 unit increase in winning percentage leads to a .0216 unit increase in percent change of home value. These results indicate that professional sports have a significant effect on home values, but it is more important for the team to be successful than to merely have a team.
Recommended Citation
Frome, Henry, "Winning in Professional Sports Isn’t Everything, But it May Increase Home Values in Your Area" (2019). CMC Senior Theses. 2054.
https://scholarship.claremont.edu/cmc_theses/2054
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
