This paper examines the impact that the Steroid Era (1994-2004) had on Major League Baseball through gate revenues. The hypothesis of this study is as follows: the increase in offensive production due to the use of steroids during the Steroid Era will have a positive impact on the gate revenues of Major League Baseball teams. The theory of this study assumes baseball with steroids to be a different good than baseball without steroids and the increase in gate revenue stems from that. A fixed effects model was used for the estimation and the results were contradictory to my hypothesis and theory.


Mellizo, Phillip


Business Economics

Publication Date


Degree Granted

Bachelor of Arts

Document Type

Senior Independent Study Thesis



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