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Income, leisure and proficiency: an economic study of football performance

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  • Robert Houston
  • Dennis Wilson

Abstract

The influence of income, across countries, on the proficiency of leisure, as measure by international football achievement is addressed. It is widely concluded that leisure is a normal good, however; little research has been conducted on the influences of efforts to become proficient at a specific leisure activity. While the law of diminishing marginal productivity indicates that leisure proficiency will increase at a decreasing rate with increases in time allocated toward the leisure activity, the second-order effect of income on neither leisure nor leisure proficiency can theoretically be determined. To estimate these effects, an empirical examination of FIFA's World Rankings has been conducted. The results indicate that leisure proficiency on an aggregate level is positively associated with income and increases at a decreasing rate. This subsequently provides evidence that the consumption of leisure on an aggregate level also increases at a decreasing rate with increases in income.

Suggested Citation

  • Robert Houston & Dennis Wilson, 2002. "Income, leisure and proficiency: an economic study of football performance," Applied Economics Letters, Taylor & Francis Journals, vol. 9(14), pages 939-943.
  • Handle: RePEc:taf:apeclt:v:9:y:2002:i:14:p:939-943
    DOI: 10.1080/13504850210140150
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    References listed on IDEAS

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    1. Fogel, Robert W, 1994. "Economic Growth, Population Theory, and Physiology: The Bearing of Long-Term Processes on the Making of Economic Policy," American Economic Review, American Economic Association, vol. 84(3), pages 369-395, June.
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    Cited by:

    1. repec:nea:journl:y:2018:i:37:p:34-60 is not listed on IDEAS
    2. Joshua Congdon-Hohman & Victor A. Matheson, 2013. "International women’s soccer and gender inequality: revisited," Chapters,in: Handbook on the Economics of Women in Sports, chapter 16, pages 345-364 Edward Elgar Publishing.
    3. Plácido Rodríguez & Stefan Késenne & Ruud Koning (ed.), 2015. "The Economics of Competitive Sports," Books, Edward Elgar Publishing, number 15770, April.
    4. Roberto Gásquez & Vicente Royuela, 2014. "Is Football an Indicator of Development at the International Level?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 117(3), pages 827-848, July.
    5. Roberto Gásquez & Vicente Royuela, 2016. "The Determinants of International Football Success: A Panel Data Analysis of the Elo Rating," Social Science Quarterly, Southwestern Social Science Association, vol. 97(2), pages 125-141, June.
    6. Jan C. van Ours & Martin A. van Tuijl, 2011. "Country-Specific Goal-Scoring in the ‘Dying Seconds’ of International Football Matches," International Journal of Sport Finance, Fitness Information Technology, vol. 6(2), pages 138-154, May.
    7. Benno Torgler & Sascha Schmidt, 2007. "What shapes player performance in soccer? Empirical findings from a panel analysis," Applied Economics, Taylor & Francis Journals, vol. 39(18), pages 2355-2369.
    8. Benno Torgler, 2004. "?La Grande Boucle?: Determinants of Success at the Tour de France," CREMA Working Paper Series 2004-22, Center for Research in Economics, Management and the Arts (CREMA), revised May 2005.
    9. Rockerbie, Duane, 2014. "Canada at the Crossroads: Improving International Performance by Establishing a New Canadian Soccer League," MPRA Paper 60375, University Library of Munich, Germany.
    10. Ferda HALICIOGLU, 2005. "Forecasting the Professional Team Sporting Events: Evidence from Euro 2000 and 2004 Football Tournaments," Industrial Organization 0508001, EconWPA.
    11. Berlinschi, Ruxanda & Schokkaert, Jeroen & Swinnen, Johan, 2013. "When drains and gains coincide: Migration and international football performance," Labour Economics, Elsevier, vol. 21(C), pages 1-14.
    12. repec:nea:journl:y:2017:i:36:p:135-163 is not listed on IDEAS
    13. Eiji Yamamura, 2012. "Effect of Linguistic Heterogeneity on Technology Transfer: An Economic Study of FIFA Football Rankings," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 40(1), pages 85-99, March.
    14. Benno Torgler, 2004. "The Determinants of Women?s International Soccer Performances," CREMA Working Paper Series 2004-19, Center for Research in Economics, Management and the Arts (CREMA).
    15. Wladimir Andreff & Madeleine Andreff, 2015. "Economic prediction of sport performances from the Beijing Olympics to the 2010 FIFA World Cup in South Africa: the notion of surprising sporting outcomes," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-01244495, HAL.
    16. Kavetsos, Georgios & Szymanski, Stefan, 2010. "National well-being and international sports events," Journal of Economic Psychology, Elsevier, vol. 31(2), pages 158-171, April.
    17. Michael A. Leeds & Eva Marikova Leeds, 2009. "International Soccer Success and National Institutions," Journal of Sports Economics, , vol. 10(4), pages 369-390, August.
    18. Benno Torgler, 2004. "?Historical Excellence? in Football World Cup Tournaments: Empirical Evidence with Data From 1930 to 2002," CREMA Working Paper Series 2004-18, Center for Research in Economics, Management and the Arts (CREMA).

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