Heavy Lifting - thoughts and web finds by an economist
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Tuesday, June 12, 2007
Colleague Mike Ward and ex-colleague Carolyn Dehring and myself have recently submitted the second of potentially three papers concerning the November 2004 Cowboys Stadium referendum in Arlington. The second paper available here at SSRN focuses on the impact of the potential stadium on local property values and how those impacts influenced precinct-level support for the stadium vote.
We find fairly compelling evidence that precincts in which property values increased with the probability that the stadium would be built in Arlington provided more support for the stadium referendum - what we claim is a direct test of the so-called Homevoter Hypothesis.
Here are the details:
The first paper available here investigates the impact of the pending stadium referendum on property values in Arlington relative to the surrounding areas.
Cross posted at Division of Labour
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