Existing research on the determinants of FIFA’s international soccer rankings suffers from serious statistical problems, particularly sample selection bias and non normal errors. We correct for this by extending the data set by an additional 100 countries. Furthermore, we find important roles for new variables in the form of the size of population and a long history of international soccer in explaining world football rankings. We also investigate the determinants of an alternative ranking measure to that constructed by FIFA.
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Paper provided by Centre for Research into Industry, Enterprise, Finance and the Firm in its series CRIEFF Discussion Papers with number
0612.
Find related papers by JEL classification: F0 - International Economics - - General L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism H50 - Public Economics - - National Government Expenditures and Related Policies - - - General Z10 - Other Special Topics - - Cultural Economics - - - General
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