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Firm-specific human capital in different market conditions: Evidence from the Japanese football league

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  • Yamamura, Eiji
  • Ohtake, Fumio

Abstract

This paper examined how and the extent to which obtaining skills to meet team specific human capital is important to improve football player’s performance by comparing the top league and the second league. Based on panel data of individual players during the 2012–2016 seasons of the Japan Professional Football League (J League), we found; (1) In the top-league, changing team reduced player’s performance and their performance improved as player’s tenure of the team and also tenure of J League increased. (2) returns from acquiring team specific skills on time of play in the game increase and then decrease as years have passed. (3) benefit from moving team depends on the timing of moving, and so rookie players can benefit from moving when team tenure reach 4 years or more. (4) In the second league, neither team tenure nor experience of the professional football player does not influence player’s performance.

Suggested Citation

  • Yamamura, Eiji & Ohtake, Fumio, 2021. "Firm-specific human capital in different market conditions: Evidence from the Japanese football league," Japan and the World Economy, Elsevier, vol. 58(C).
    • Handle: RePEc:eee:japwor:v:58:y:2021:i:c:s0922142521000153
    DOI: 10.1016/j.japwor.2021.101068
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    More about this item

    Keywords

    Firm-specific human capital; Professional football; Player performance; Matching;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J69 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Other
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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