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The Labour Market in Association Football: Who Gets Transferred and For How Much?

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  • Carmichael, Fiona
  • Forrest, David
  • Simmons, Robert

Abstract

This paper employs data for the 1993-94 season to estimate a hedonic equation representing the determination of the price structure in the transfer market for professional players in the English football leagues. Player transfer proneness is modelled, and the Heckman two-step procedure is employed to take account of selection bias. The paper identifies those player attributes which affect either the probability of transfer or the transfer fee and evaluates the relative influence of such variables. Copyright 1999 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Bulletin of Economic Research.

Volume (Year): 51 (1999)
Issue (Month): 2 (April)
Pages: 125-50

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Handle: RePEc:bla:buecrs:v:51:y:1999:i:2:p:125-50

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0307-3378

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Cited by:
  1. Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006. "Relative Income Position and Performance: An Empirical Panel Analysis," Working Papers 2006.39, Fondazione Eni Enrico Mattei.
  2. Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2007. "The Power of Positional Concerns: A Panel Analysis," School of Economics and Finance Discussion Papers and Working Papers Series 212, School of Economics and Finance, Queensland University of Technology.
  3. Dirk G. Baur & Sibylle Lehmann, 2007. "Does the Mobility of Football Players Influence the Success of the National Team?," The Institute for International Integration Studies Discussion Paper Series iiisdp217, IIIS.
  4. Daniel Hogele & Sascha L. Schmidt & Benno Torgler, 2012. "The Influence of Superstars on Organizational Identification of External Stakeholders: Empirical Findings from Professional Soccer," School of Economics and Finance Discussion Papers and Working Papers Series 294, School of Economics and Finance, Queensland University of Technology.
  5. Polyakov, Konstantin & Zhukova, Ludmila, 2013. "Human capital estimation in professional football," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 29(1), pages 29-44.
  6. Dennis Wilson & Yung-Hsiang Ying, 2003. "Nationality preferences for labour in the international football industry," Applied Economics, Taylor and Francis Journals, vol. 35(14), pages 1551-1559.
  7. Justina A.V. Fischer & Benno Torgler, 2006. "Does Envy Destroy Social Fundamentals? The Impact Of Relative Income Position On Social Capital," STICERD - Development Economics Papers - From 2008 this series has been superseded by Economic Organisation and Public Policy Discussion Papers 46, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
  8. Feess, Eberhard & Frick, Bernd & Muehlheusser, Gerd, 2004. "Legal Restrictions on Buyout Fees: Theory and Evidence from German Soccer," IZA Discussion Papers 1180, Institute for the Study of Labor (IZA).
  9. Egon Franck & Stephan Nüesch, 2005. "Talent, Past Consumption and/or Popularity - Are German Soccer Celebrities Rosen or Adler Stars?," Working Papers 0005, University of Zurich, Center for Research in Sports Administration (CRSA), revised 2006.

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