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Win the best, win the largest or win the richest. Some empirical evidence from Italian championships

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Author Info
Di Domizio Marco

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Abstract

This paper uses an econometric model to evaluate the impact of variables influencing the long period competitive balance in Italian football league. Using records of the last 75 tournaments and adopting as a measure of market size both a demand and a supply side perspective, the paper aims at establishing if the theoretical prescriptions on the long run competitive balance holds for the Italian championships. This approach allows us to evaluate if teams outperform their market size and to extract a ranking of the best and worst teams in the last 75 years.

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File URL: http://wp.comunite.it/data/wp_no_47_2008.pdf
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Paper provided by Department of Communication, University of Teramo in its series wp.comunite with number 0047.

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Date of creation: Nov 2008
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Handle: RePEc:ter:wpaper:0047

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Web page: http://wp.comunite.it/

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  1. El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-19, Nov.-Dec.. [Downloadable!] (restricted)
  2. Sloane, Peter J, 1971. "The Economics of Professional Football: The Football Club as a Utility Maximiser," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(2), pages 121-46, June.
  3. Scully, Gerald W, 1974. "Pay and Performance in Major League Baseball," American Economic Review, American Economic Association, vol. 64(6), pages 915-30, December. [Downloadable!] (restricted)
  4. Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64, pages 242. [Downloadable!] (restricted)
  5. Vrooman, John, 2000. "The Economics of American Sports Leagues," Scottish Journal of Political Economy, Scottish Economic Society, vol. 47(4), pages 364-98, September. [Downloadable!] (restricted)
  6. David Romer, 2006. "Do Firms Maximize? Evidence from Professional Football," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 340-365, April. [Downloadable!] (restricted)
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This page was last updated on 2009-11-12.


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