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Stadiums and Arenas: Economic Development or Redistribution?
Exploration of Stadiums and Arenas
Coates (2007) evaluated literature to retrieve the effects of proficient sports teams as well as stadiums to the people residing in the surrounding areas. The research indicated that this aspect had been addressed by copious academic and hired investigators. Essentially, the researcher addresses the problems where stadiums and arenas were developed without assigning individual responsibilities to the people for the last 20 years. These studies were oriented to boost and determine the state of economic development and redistribution brought about by the sports. The researcher paid attention to the financing processes and reviewed various techniques that should be used when seeking the monetary assistance. The evaluation of the subsidies was followed by the public economic impact where further research was performed to avail how the public was affected. This section evaluated the ways of creating jobs and income as well as measuring benefits. The researcher introduced the consent of the public on the use of their resources through voting to approve the construction of stadia. Eventually, the research was completed after the suggestions of various topics for future studies. The research found that the use of franchises and stadiums as a mean of facilitating development in the local regions was not viable. This aspect was valid regardless of whether the analysis involved the use of job growth or income. Coates indicated that there might be considerable public advantages arising from such facilities even though they were not sufficient to facilitate large-scale funding. However, these aspects were combined with surplus from the consumers to provide efficient outcomes.
Empirical Resources
This research provides fundamental information regarding the use and effects of sporting facilities through the support of adequate empirical resources. It is evident that the review of each journal availed information regarding how the research is conducted, which implies that they are reliable sources. In fact, the analysis is organized in the paragraphs where each section represents one review of an article. The introduction of diverse information to supplement and discuss the vitality of the research study is reliable. Moreover, the connection of ideas within the paper is depicted by how each aspect is introduced to the other. The background and literature are used for the discussion in order to provide the findings. However, the researcher does not specify the number of empirical studies that are used to confirm the evaluations. In this regard, the empirical nature of the research is compromised. Furthermore, there are many claims that are made without citation to affirm their validity.
The researcher does not only provide discussions that allow the sense of other possible topics for my future research, but also provides one title to recommend the future studies. The provision of this section is imperative since it provides easy ways of facilitating other research studies. It allows other researchers to pay attention to these aspects and continue the studies in one line of thought. In this respect, it is apparent that an understanding of how these venues operate and attract many people is essential in my future research topic. Essentially, sports and coaching are based on the income retrieved from fans and investors. This aspect implies that the success of sporting must exist in a mutual success to fans development. Since this spectacle relies on stadiums which can hold many people, their evaluation on development and redistribution of facilities is paramount especially while striving to provide meaningful training to the players.
Reference
Coates, D. (2007). Stadiums and Arenas: Economic Development or Economic Redistribution? Contemporary Economic Policy, 25(4), 565-577.
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