The Returns to Scarce Talent: Footedness and Player Remuneration in European Soccer
We investigate the salary returns to the ability to play football with both feet. The majority of footballers are predominantly right footed. Using two data sets, a cross-section of footballers in the five main European leagues and a panel of players in the German Bundesliga, we find robust evidence of a substantial salary premium for two-footed ability, even after controlling for available player performance measures. We assess how this premium varies across the salary distribution and by player position.
|Date of creation:||Sep 2009|
|Date of revision:|
|Contact details of provider:|| Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP|
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.:
- Kevin Denny & Vincent O’ Sullivan, 2007.
"The Economic Consequences of Being Left-Handed: Some Sinister Results,"
Journal of Human Resources,
University of Wisconsin Press, vol. 42(2).
- Kevin Denny & Vincent O'Sullivan, 2006. "The economic consequences of being left-handed: some sinister results," IFS Working Papers W06/07, Institute for Fiscal Studies.
- Kahn, Lawrence M, 1993. "Free Agency, Long-Term Contracts and Compensation in Major League Baseball: Estimates from Panel Data," The Review of Economics and Statistics, MIT Press, vol. 75(1), pages 157-64, February.
- Rob Simmons & David Berri, 2009. "Gains from Specialization and Free Agency: The Story from the Gridiron," Review of Industrial Organization, Springer, vol. 34(1), pages 81-98, February.
- Caroline Elliott & Rob Simmons, 2008. "Determinants of UK Box Office Success: The Impact of Quality Signals," Review of Industrial Organization, Springer, vol. 33(2), pages 93-111, September.
- Koenker,Roger, 2005.
Cambridge University Press, number 9780521608275.
- Bernd Frick & Robert Simmons, 2008.
"The impact of managerial quality on organizational performance: evidence from German soccer,"
Managerial and Decision Economics,
John Wiley & Sons, Ltd., vol. 29(7), pages 593-600.
- Bernd Frick & Robert Simmons, 2007. "The Impact of Managerial Quality on Organizational Performance: Evidence from German Soccer," Working Papers 0708, International Association of Sports Economists;North American Association of Sports Economists.
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006.
"Relative Income Position and Performance: An Empirical Panel Analysis,"
2006.39, Fondazione Eni Enrico Mattei.
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006. "Relative Income Position and Performance: An Empirical Panel Analysis," CREMA Working Paper Series 2006-03, Center for Research in Economics, Management and the Arts (CREMA).
- Benno Torgler & Sascha L. Schmidt & Bruno S. Frey, 2006. "Relative Income Position And Performance: An Empirical Panel Analysis," IEW - Working Papers 268, Institute for Empirical Research in Economics - University of Zurich.
- Benno Torgler & Sascha Schmidt, 2005.
"What Shapes Players? Performance in Soccer? Empirical Findings from a Panel Analysis,"
CREMA Working Paper Series
2005-25, Center for Research in Economics, Management and the Arts (CREMA), revised Jan 2006.
- 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.
- Christopher S. Ruebeck & Joseph E. Harrington, Jr. & Robert Moffitt, 2006.
"Handedness and Earnings,"
NBER Working Papers
12387, National Bureau of Economic Research, Inc.
- Egon Franck & Stephan NŸesch, 2008.
"The Effect of Talent Disparity on Team Performance in Soccer,"
0087, University of Zurich, Institute for Strategy and Business Economics (ISU), revised 2009.
- Egon Franck & Stephan NŸesch, 2008. "The Effect of Talent Disparity on Team Performance in Soccer," Working Papers 0021, University of Zurich, Center for Research in Sports Administration (CRSA), revised 2009.
- Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-75, June.
- Bernd Frick, 2007. "The Football Players' Labor Market: Empirical Evidence From The Major European Leagues," Scottish Journal of Political Economy, Scottish Economic Society, vol. 54(3), pages 422-446, 07.
- Idson, Todd L & Kahane, Leo H, 2000. "Team Effects on Compensation: An Application to Salary Determination in the National Hockey League," Economic Inquiry, Western Economic Association International, vol. 38(2), pages 345-57, April.
- Claudio Lucifora & Rob Simmons, 2003. "Superstar Effects in Sport: Evidence From Italian Soccer," Journal of Sports Economics, The North American Association of Sports Economists, vol. 4(1), pages 35-55, February.
- Erik E. Lehmann & Günther G. Schulze, 2007. "What does it take to be a star? The role of performance and the media for German soccer players," Discussion Paper Series 1, Department of International Economic Policy, University of Freiburg, revised Mar 2008.
- Barry Reilly & Robert Witt, 2007. "The Determinants of Base Pay and the Role of Race in Major League Soccer: Evidence from the 2007 League Season," School of Economics Discussion Papers 1907, School of Economics, University of Surrey.
- Barton Hughes Hamilton, 1997. "Racial discrimination and professional basketball salaries in the 1990s," Applied Economics, Taylor & Francis Journals, vol. 29(3), pages 287-296.
- Rob Simmons & David Berri, 2008. "Race and the Evaluation of Signal Callers in the National Football League," IASE Conference Papers 0825, International Association of Sports Economists.
- Pedro Garcia-del-Barrio & Francesc Pujol, 2007. "Hidden monopsony rents in winner-take-all markets-sport and economic contribution of Spanish soccer players," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 57-70.
When requesting a correction, please mention this item's handle: RePEc:cep:cepdps:dp0948. 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: ()
If references are entirely missing, you can add them using this form.