The Consequences of an Open Labour Market in Separated Product Markets in European Professional Football
AbstractEver since the Bosman case opened the labour market for players in European professional football, competitive balance has reduced in favour of the Big 5 leagues (England, Spain, Italy, Germany and France) and more specific in England, Spain and Italy. In this article we show that changing structures towards an open labour market in separated product markets resulted in a migration of player talents towards the major leagues and teams and in a competitive disadvantage for the smaller market leagues and their teams. Next to a theoretical argumentation, we provide some empirical evidence and assess future options for the structure of European professional football.
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Bibliographic InfoArticle provided by Katholieke Universiteit Leuven, Faculteit Economie en Bedrijfswetenschappen in its journal Review of Business and Economics.
Volume (Year): LIV (2009)
Issue (Month): 4 ()
Bosman case; competitive balance; international labour mobility; professional team sports; stepping stone league;
Other versions of this item:
- T. Dejonghe & W. Van Opstal, 2009. "The Consequences of an Open Labour Market in Separated Product Markets in European Professional Football," Review of Business and Economic Literature, Intersentia, vol. 54(4), pages 489-512, December.
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
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