Determinants of football transfers
AbstractThe analysis of football transfers is hampered by selectivity bias. In most empirical estimations, simple regression is used and selectivity is ignored. In this paper we propose an estimation method that corrects for sample selectivity and allows the use of more observations in a simple manner. The ordered probit estimates point in a similar direction as the estimates from commonly applied estimation techniques but the significance is higher.
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Bibliographic InfoPaper provided by Universiteit van Amsterdam, Dept. of Econometrics in its series UvA-Econometrics Working Papers with number 14-01.
Date of creation: 14 Jan 2014
Date of revision:
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Postal: Dept. of Econometrics, Universiteit van Amsterdam, Valckenierstraat 65, NL - 1018 XE Amsterdam, The Netherlands
Web page: http://www.ase.uva.nl/uva-econometrics
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-01-24 (All new papers)
- NEP-CUL-2014-01-24 (Cultural Economics)
- NEP-SPO-2014-01-24 (Sports & Economics)
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- Bernd Frick, 2007. "The Football Players' Labor Market: Empirical Evidence From The Major European Leagues," Scottish Journal of Political Economy, Scottish Economic Society, vol. 54(3), pages 422-446, 07.
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- Simon Medcalfe, 2008. "English league transfer prices: is there a racial dimension? A re-examination with new data," Applied Economics Letters, Taylor & Francis Journals, vol. 15(11), pages 865-867.
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