Does 'competitive balances' in professional baseball improve with a change in the rules for allocating new players? Using data from Japan's two professional baseball leagues, the authors investigate how the change from an open-bidding regime to a player draft regime affected competitive balance between 1958 and 1993. They find evidence that the change to the player draft in 1965 increased competitive balance over time in both leagues and within seasons for one of the two leagues. The authors' results are similar to those previously found using North American Major League Baseball data. Copyright 1999 by Oxford University Press.
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Article provided by Oxford University Press in its journal Economic Inquiry.
Volume (Year): 37 (1999) Issue (Month): 2 (April) Pages: 353-68 Download reference. The following formats are available: HTML
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Handle: RePEc:oup:ecinqu:v:37:y:1999:i:2:p:353-68
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