IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Property Right Regimes in Japanese Baseball: A New Look at the Rottenberg Invariance Proposition

Listed author(s):
  • Sumner J. La Croix


    (Department of Economics, University of Hawaii at Manoa)

  • Akihiko Kawaura

We examine the 1965 change from an open-bidding to a draft system for new players in Japan's professional baseball leagues. Our theoretical analysis, which incorporates two factors commonly observed in professional sports, imperfect information on new recruits and outlier, highly skilled players, calls into question the magnitude of the changes that would be expected upon changing the rule structure for recruiting new players. Our empirical finds results that are strikingly similar to results from U.S. data. One baseball league in each country (the Central in Japan, the American in U.S.) possessed a dominant team (the Giants in Japan, the Yankees in the U.S.) under the open-bidding system, while the other league (the Pacific in Japan, the National in the U.S.) had substantially more equality. After the 1965 rule change in both countries, the leagues previously with a dominant team become substantially more competitive. In the other more competitive league, there is less change. The similarity of the effects generated across cultures and countries from the rule changes shows the important of the structure of property rights in any competitive framework.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 199315.

in new window

Length: 18 pages
Date of creation: 1993
Handle: RePEc:hai:wpaper:199315
Contact details of provider: Postal:
2424 Maile Way, Honolulu, HI 96822

Phone: (808)956-8730
Fax: (808)956-4347
Web page:

More information through EDIRC

Order Information: Web: Email:

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:hai:wpaper:199315. 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: (Web Technician)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.