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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, Fondazione Eni Enrico Mattei 2006.39, Fondazione Eni Enrico Mattei.
  2. Egon Franck & Stephan Nüesch, 2005. "Talent, Past Consumption and/or Popularity - Are German Soccer Celebrities Rosen or Adler Stars?," Working Papers, University of Zurich, Institute for Strategy and Business Economics (ISU) 0043, University of Zurich, Institute for Strategy and Business Economics (ISU), revised 2006.
  3. Torgler, Benno & Schmidt, Sascha L & Frey, Bruno S., 2006. "The Power of Positional Concerns: A Panel Analysis," Berkeley Olin Program in Law & Economics, Working Paper Series, Berkeley Olin Program in Law & Economics qt1z14v7zt, Berkeley Olin Program in Law & Economics.
  4. Justina A. V. Fischer & Benno Torgler, 2006. "Does envy destroy social fundamentals? The impact of relative income position on social capital," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 6640, London School of Economics and Political Science, LSE Library.
  5. Dennis Wilson & Yung-Hsiang Ying, 2003. "Nationality preferences for labour in the international football industry," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 35(14), pages 1551-1559.
  6. 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).
  7. Daniel Högele & Sascha L. Schmidt & Benno Torgler, 2012. "The Influence of Superstars on Organizational Identification of External Stakeholders: Empirical Findings from Professional Soccer," CREMA Working Paper Series, Center for Research in Economics, Management and the Arts (CREMA) 2012-18, Center for Research in Economics, Management and the Arts (CREMA).
  8. 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, IIIS iiisdp217, IIIS.
  9. Polyakov, Konstantin & Zhukova, Ludmila, 2013. "Human capital estimation in professional football," Applied Econometrics, Publishing House "SINERGIA PRESS", Publishing House "SINERGIA PRESS", vol. 29(1), pages 29-44.
  10. Hans van Ophem & Jeroen Ruijg, 2014. "Determinants of football transfers," UvA-Econometrics Working Papers, Universiteit van Amsterdam, Dept. of Econometrics 14-01, Universiteit van Amsterdam, Dept. of Econometrics.

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