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An empirical study of relationship between FIFA world ranking and domestic football competition level: the case of Turkey

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  • Halicioglu, Ferda

Abstract

This research is aimed at establishing a bivariate long-run association between FIFA country ranking and domestic football competition level in the case of Turkey. To test this hypothesis empirically, coefficient of variation values are computed seasonally for Turkish Super League over 1994-2010. This variable along the FIFA ranking of Turkey in the same period are used in the framework of ARDL approach to cointegration. The empirical results suggest that a 1% increase in the domestic football competition level leads to 1.14% rise in the FIFA ranking of Turkey. The post-sample variance decompositions also confirm the long-run relationship.

Suggested Citation

  • Halicioglu, Ferda, 2012. "An empirical study of relationship between FIFA world ranking and domestic football competition level: the case of Turkey," MPRA Paper 35662, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:35662
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    File URL: https://mpra.ub.uni-muenchen.de/35662/1/MPRA_paper_35662.pdf
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    References listed on IDEAS

    as
    1. Jeffery Borland, 2003. "Demand for Sport," Oxford Review of Economic Policy, Oxford University Press, vol. 19(4), pages 478-502, Winter.
    2. Helmut M. Dietl & Martin Grossmann & Markus Lang, 2011. "Competitive Balance and Revenue Sharing in Sports Leagues With Utility-Maximizing Teams," Journal of Sports Economics, , vol. 12(3), pages 284-308, June.
    3. Ferda Halicioglu, 2006. "The impact of football point systems on the competitive balance: evidence from some european football leagues," Rivista di Diritto ed Economia dello Sport, Centro di diritto e business dello Sport, vol. 2(2), pages 67-76, Dicembre.
    4. Ferda Halicioglu, 2005. "Can We Predict The Outcome Of The International Football Tournaments : The Case Of Euro 2000?," Microeconomics 0503008, University Library of Munich, Germany.
    5. Stefan Kesenne, 2000. "Revenue Sharing and Competitive Balance in Professional Team Sports," Journal of Sports Economics, , vol. 1(1), pages 56-65, February.
    6. Paresh Kumar Narayan, 2005. "The saving and investment nexus for China: evidence from cointegration tests," Applied Economics, Taylor & Francis Journals, vol. 37(17), pages 1979-1990.
    7. Halicioglu Ferda, 2009. "Research on the Prediction of the likely Winners of the Euro 2008 Football Tournament," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 5(3), pages 1-15, July.
    8. Loek Groot, 2005. "European football: Back to the 1950s," Industrial Organization 0505003, University Library of Munich, Germany.
    9. Brad R. Humphreys, 2002. "Alternative Measures of Competitive Balance in Sports Leagues," Journal of Sports Economics, , vol. 3(2), pages 133-148, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    football; FIFA ranking; cointegration; variance decomposition; Turkey;

    JEL classification:

    • Z00 - Other Special Topics - - General - - - General
    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes

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