An empirical study of relationship between FIFA world ranking and domestic football competition level: the case of Turkey
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.
|Date of creation:||2012|
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