Existing literature on the economic impact of sports facilities fails to consider whether new facilities positively affect existing businesses. To fill this gap, data on existing establishments in Sacramento, CA, active from 2004 through 2018 were collected. The outcome of interest is existing businesses’ survival time. Using an accelerated failure time model in a difference-in-difference framework, retail establishments within a half mile of the Golden 1 Center are found to have survival times 53% shorter than otherwise similar retail establishments further away. Models also reveal existing establishments in other industries complementary to sports are not affected by the arena.

中文翻译：

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对新体育设施的邻近度是否会影响现有企业的生存时间？

有关体育设施的经济影响的现有文献未能考虑新设施是否对现有业务产生积极影响。为了填补这一空白，收集了从2004年到2018年活跃的加利福尼亚州萨克拉曼多市现有机构的数据。感兴趣的结果是现有企业的生存时间。使用差异差异框架中的加速故障时间模型，发现距离Golden 1中心半英里以内的零售场所的生存时间比其他距离较远的类似零售场所短53％。模型还显示，其他行业中与体育互补的场所不受竞技场的影响。