A die-hard aristocracy: competitive balance in Italian soccer, 1929-2009
AbstractWe will present two measures of the competitive balance in professional Italian soccer, one based on the a club's historical rankings and one based on points scored per season. We will calculate and illustrate their characteristics for the Italian first division (the Serie A) between 1929 and 2009. Using the cumulated rankings of the 60 clubs which have taken part in the Serie A we show that Italian soccer is strongly characterized by a self-reinforcing mechanism of dominance that has created an aristocracy of at most ten strong clubs. We also show that increasing the number of promoted clubs could have an innovative impact. Our results imply that each season is fiercely fought, and this level of competition could be further increased with a smaller number of clubs, given an appropriate turnover of promoted clubs. However, a policy of this kind would introduce a dilemma between the desire to foster a season's competitive balance and the reduction in the number of matches –a clear source of revenue. We'll look at one feature of the new sharing rule on television revenue still waiting more extensive empirical research. Our results cast some doubt on the weight given to historical competitive balance in the introduction of the sharing rule effective as of season 2010-11. The relevance given to a club’s history does not contrast with the extant aristocracy and so giving seasonal competitive balance more space within the sharing rule may hamper the bigger clubs' dominance. 1. Motivation and research question - 2. Literature review - 3. The database - 4. Two Herfindahl indexes to measure competitive balance - 5. A self-reinforcing mechanism? - 6. The innovative push from newly-promoted clubs - 7. Conclusions
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Centro di diritto e business dello Sport in its journal Rivista di Diritto ed Economia dello Sport.
Volume (Year): 6 (2010)
Issue (Month): 2 (Settembre)
Contact details of provider:
Web page: http://www.rdes.it/
competitive balance; professional soccer; Herfindahl index; Pareto regression;
Find related papers by JEL classification:
- C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General
- D40 - Microeconomics - - Market Structure and Pricing - - - General
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Alessandro Baroncelli & Raul Caruso, 2011. "The Organization And Economics Of Italian Serie A: A Brief Overall View," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 7(2), pages 67-85, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Raul Caruso).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.