Youth Training Programs and their Impact on Career and Spell Duration of Professional Soccer Players
A unique data set of post-war English trained soccer players that signed professionally with their parent club when they turned 18 is used to study the impact of their stay with the home team and their total career duration. The home team (first) spell and career durations of these soccer players in a top European leagues is modeled using robust hazard models. The results of the analysis show that players that start their professional careers after acquiring training in competitive youth academy/programs have different outcomes on their career and first spell duration depending on the clubs they start their training. The first spell duration analysis is performed to estimate the bond or loyalty factor established by clubs with their youth trainees. The spell analysis outlines the nature of the competitive environment in which smaller clubs have a chance to keep up with the larger ones in terms of producing and holding on to home-grown talent. This would be a necessary condition for them to remain competitive in light of their lagging financial resources that limit their activity and ability to attract top talent in the soccer transfer market. The analysis of career duration in the top European leagues will show the success of a specifc academy's training programs in producing players competitive in top soccer leagues. Finally, the results of both analyses were tested for endogeneity bias using a split sample test.
|Date of creation:||08 Jan 2013|
|Date of revision:|
|Publication status:||Published: Carleton Economic Papers|
|Contact details of provider:|| Postal: |
|Order Information:|| Email: |
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Roger Noll, 2002. "The Economics of Promotion and Relegation in Sports Leagues: The Cases of English Football," Journal of Sports Economics, , vol. 3(2), pages 169-203, May.
- Atkinson, Scott E & Tschirhart, John, 1986. "Flexible Modelling of Time to Failure in Risky Careers," The Review of Economics and Statistics, MIT Press, vol. 68(4), pages 558-66, November.
- Elbers, Chris & Ridder, Geert, 1982. "True and Spurious Duration Dependence: The Identifiability of the Proportional Hazard Model," Review of Economic Studies, Wiley Blackwell, vol. 49(3), pages 403-09, July.
- Stephen J. Spurr & William Barber, 1994.
"The effect of performance on a worker's career: Evidence from minor-league baseball,"
Industrial and Labor Relations Review,
ILR Review, Cornell University, ILR School, vol. 47(4), pages 692-708, July.
- Stephen J. Spurr & William Barber, 1994. "The Effect of Performance on a Worker's Career: Evidence from Minor League Baseball," ILR Review, Cornell University, ILR School, vol. 47(4), pages 692-708, July.
- Patrick Royston & Willi Sauerbrei, 2007. "Multivariable modeling with cubic regression splines: A principled approach," Stata Journal, StataCorp LP, vol. 7(1), pages 45-70, February.
- Vuong, Quang H, 1989. "Likelihood Ratio Tests for Model Selection and Non-nested Hypotheses," Econometrica, Econometric Society, vol. 57(2), pages 307-33, March.
- Kim P. Huynh & Robert J. Petrunia & Marcel Voia, 2010. "THE IMPACT OF INITIAL FINANCIAL STATE ON FIRM DURATION ACROSS ENTRY COHORTS -super-* ," Journal of Industrial Economics, Wiley Blackwell, vol. 58(3), pages 661-689, 09.
- Dufour, Jean-Marie & Jasiak, Joann, 2001. "Finite Sample Limited Information Inference Methods for Structural Equations and Models with Generated Regressors," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(3), pages 815-43, August.
- Peter A. Groothuis & J. Richard Hill, 2004. "Exit Discrimination in the NBA: A Duration Analysis of Career Length," Economic Inquiry, Western Economic Association International, vol. 42(2), pages 341-349, April.
- Bernd Frick & Gunnar Pietzner & Joachim Prinz, 2007. "Career Duration a Competitive Environment: The Labor Market for Soccer Players in Germany," Eastern Economic Journal, Eastern Economic Association, vol. 33(3), pages 429-442, Summer.
When requesting a correction, please mention this item's handle: RePEc:car:carecp:13-01. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sabrina Robineau)
If references are entirely missing, you can add them using this form.