Policy Perspectives
www.cppa.utah.edu

Wednesday, July 26, 2006 Sports Economy   Volume 2 Issue 7  
CONTENTS
Funding of Major League Soccer Stadiums
Economic Impact of the 2002 Olympic Winter Games
Long-term Economic Impacts of Stadiums and Sports Teams
Economic Impact of the Utah Alpine Ski Industry
About Policy Perspectives...
The Likeability Factor
Western States Primary Symposium
UIR Annual Summit
ARCHIVE
Elections
June 30, 2006
Health Care  
May 8, 2006
Taxes / Revenue Forecast  
March 29, 2006
Water Policy
February 28, 2006
Special Legislative Edition
February 23, 2006
Economic Development
January 30, 2006
2005 Recap
December 12, 2005
Elections and Voting
October 26, 2005
Comprehensive School Reform
September 28, 2005
Impacts of a Minimum Wage Increase
August 30, 2005

[MORE]
Funding of Major League Soccer Stadiums
by Jennifer Robinson, MPA

Over the past several months, Real Salt Lake has sought funding from Salt Lake County to finance a new soccer stadium. On Tuesday, July 11 the Salt Lake County Council rejected the proposed funding plan of $30 million in hotel tax to cover infrastructure costs for a soccer stadium. The team’s contract commits them to playing at the University of Utah’s Rice-Eccles Stadium through the 2007 season; however, it is now unclear whether Real will stay in Utah or move elsewhere after the season.
[FULL STORY]
 
Economic Impact of the 2002 Olympic Winter Games
by Levi N. Pace

The 2002 Winter Olympic Games clearly provided a significant, though largely transitory, stimulus to Utah economy. A series of four studies produced by the Governor’s Office of Planning and Budget (GOPB) prior to the Winter Olympics estimate the extent of this mega-event’s economic impact for the years 1996-2003. What difference did hosting the Olympics make for Utah’s economy? Did the economic impact persist?
[FULL STORY]
 
Long-term Economic Impacts of Stadiums and Sports Teams
A Summary of Robert Baade’s Work
by Janice Houston

Robert Baade is one of the most cited economists working on the question of “do the economic benefits of stadiums justify public funding?” His approach to the question is different and more rigorous than the typical economic impact study that is used to argue for taxpayer support. This article is a summary of his 1994 work which examined 36 cities across the United States, including Salt Lake. His findings were that during the time period of 1958-1987, in the majority of the cases, the presence of a sports team and/or a new venue had no significant economic impact to the host city.
[FULL STORY]
 
Economic Impact of the Utah Alpine Ski Industry
by Alan E. Isaacson, Bureau of Economic and Business Research, U of U

During the 2005/06 ski season, out-of-state visitors spent $745 million in Utah on skiing-related purchases. This three quarters of a billion dollars was spent over 4 million “skier-days.” These visits generated approximately 19,000 jobs in the state and added $416 million in earnings to Utah’s economy.
[FULL STORY]
 
About Policy Perspectives...
Policy Perspectives is an electronic newsletter that presents different perspectives on current policy issues. The articles are submitted by both CPPA staff and experts in the field and do not necessarily represent CPPA policy opinion. The purpose of the newsletter is to inform readers and generate policy related discussion so each article has an option for readers to post a response letter. We encourage you to take part in the discussion.
[FULL STORY]
 
The Likeability Factor
by Ken Embley, CPPA

Are you a likeable person? How much does it matter to you if your boss is a kind person? Would you rather work with someone who knows what they are doing but is a jerk? Alternatively, would you rather be on a project with someone who might be a bit clueless but is likeable?

Do good things happen to likeable people? According to a Harvard Business School study, the answer is YES! A person’s likeability is an important factor when it comes to being hired, promoted or able to rally workers—and rallying workers means being a leader.

Are you—am I—a likeable person?


[FULL STORY]
 
Quick Poll

What are your thoughts on Real Salt Lake’s bid for a stadium?

They should receive public funding from Salt Lake County to build the stadium in Sandy

They should raise the money privately to build the stadium

They should accept Mayor Anderson’s proposal to stay in Salt Lake City

They should stay at Rice-Eccles Stadium

They should accept the offer to move to Utah County

Don’t Know

 [See Results]
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