Determinants of football transfers
The 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.
|Date of creation:||14 Jan 2014|
|Date of revision:|
|Contact details of provider:|| 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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- Bill Gerrard & Steve Dobson, 2000. "Testing for monopoly rents in the market for playing talent – Evidence from English professional football," Journal of Economic Studies, Emerald Group Publishing, vol. 27(3), pages 142-164, September.
- Carmichael, Fiona & Forrest, David & Simmons, Robert, 1999. "The Labour Market in Association Football: Who Gets Transferred and For How Much?," Bulletin of Economic Research, Wiley Blackwell, vol. 51(2), pages 125-50, April.
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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.
- Stephen Dobson & Bill Gerrard & Simon Howe, 2000. "The determination of transfer fees in English nonleague football," Applied Economics, Taylor & Francis Journals, vol. 32(9), pages 1145-1152.
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