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.
Redick, Michael, "The Economic Impact of the Steroid Era: a Study of the Impact the Steroid Era Had on Major League Baseball Teams' Gate Revenue" (2011). Senior Independent Study Theses. Paper 759.
Bachelor of Arts
Senior Independent Study Thesis
© Copyright 2011 Michael Redick