An empirical study of relationship between FIFA world ranking and domestic football competition level: the case of Turkey
AbstractThis research is aimed at establishing a bivariate long-run association between FIFA country ranking and domestic football competition level in the case of Turkey. To test this hypothesis empirically, coefficient of variation values are computed seasonally for Turkish Super League over 1994-2010. This variable along the FIFA ranking of Turkey in the same period are used in the framework of ARDL approach to cointegration. The empirical results suggest that a 1% increase in the domestic football competition level leads to 1.14% rise in the FIFA ranking of Turkey. The post-sample variance decompositions also confirm the long-run relationship.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 35662.
Date of creation: 2012
Date of revision:
football; FIFA ranking; cointegration; variance decomposition; Turkey;
Find related papers by JEL classification:
- Z00 - Other Special Topics - - General - - - General
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-08-23 (All new papers)
- NEP-ARA-2012-08-23 (MENA - Middle East & North Africa)
- NEP-SPO-2012-08-23 (Sports & Economics)
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