Regional Economic Impact of Texas Motor Speedway: A Simulation

Description:

This study proposes a method for measuring the regional economic impact of a relatively new sport: stock car racing. Although research on the economic impact of most major league sports is abundant, little has been written on stock car racing. The purpose of this paper is to estimate, through a simulation, the regional economic impact of Texas Motor Speedway.

The study finds that the Texas Motor Speedway boosted economic activity by $87,179,367 in 1998 from racetrack operations, and supported 5,300 jobs paying $22,293,135 in earnings. In addition, expenditures by speedway visitor from outside the region are estimated at $22,985,200, further increasing the total local economic activity by $49 million.

Creator(s): Rattner, Laura E.
Creation Date: August 2000
Partner(s):
UNT Libraries
Collection(s):
UNT Theses and Dissertations
Usage:
Total Uses: 583
Past 30 days: 17
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Creator (Author):
Publisher Info:
Publisher Name: University of North Texas
Place of Publication: Denton, Texas
Date(s):
  • Creation: August 2000
  • Digitized: July 10, 2007
Description:

This study proposes a method for measuring the regional economic impact of a relatively new sport: stock car racing. Although research on the economic impact of most major league sports is abundant, little has been written on stock car racing. The purpose of this paper is to estimate, through a simulation, the regional economic impact of Texas Motor Speedway.

The study finds that the Texas Motor Speedway boosted economic activity by $87,179,367 in 1998 from racetrack operations, and supported 5,300 jobs paying $22,293,135 in earnings. In addition, expenditures by speedway visitor from outside the region are estimated at $22,985,200, further increasing the total local economic activity by $49 million.

Degree:
Level: Master's
Discipline: Applied Economics
Note:

Problem in Lieu of Thesis

Language(s):
Subject(s):
Keyword(s): Stock car racing | regional economic impact | Texas Motor Speedway | simulation
Contributor(s):
Partner:
UNT Libraries
Collection:
UNT Theses and Dissertations
Identifier:
  • ARK: ark:/67531/metadc2610
Resource Type: Thesis or Dissertation
Format: Text
Rights:
Access: Public
License: Copyright
Holder: Rattner, Laura E.
Statement: Copyright is held by the author, unless otherwise noted. All rights reserved.