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An Econometric Analysis of the 2013 Major League Baseball Season

Author

Listed:
  • Fullerton, Steven L.
  • Fullerton, Thomas M., Jr.
  • Walke, Adam G.

Abstract

An econometric analysis of 2013 Major League Baseball season is conducted with respect to regular season victories. Results obtained confirm many, but not all, results reported in prior research. The importance of solid team pitching, defense, and offense is underscored. Outcomes for salaries and league affiliations differ substantially from prior seasons. History may serve as a guide to what occurs on the field, but it does not always repeat in the manner indicated in bygone years. Ultimately, 2013 represents a departure from the standard baseball norm.

Suggested Citation

  • Fullerton, Steven L. & Fullerton, Thomas M., Jr. & Walke, Adam G., 2014. "An Econometric Analysis of the 2013 Major League Baseball Season," MPRA Paper 59593, University Library of Munich, Germany, revised 11 Mar 2014.
    • Handle: RePEc:pra:mprapa:59593
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    File URL: https://mpra.ub.uni-muenchen.de/59593/1/MPRA_paper_59593.pdf
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    References listed on IDEAS

    as
    1. R. Todd jewell & David J. Molina, 2004. "Productive Efficiency and Salary Distribution: The Case of US Major League Baseball," Scottish Journal of Political Economy, Scottish Economic Society, vol. 51(1), pages 127-142, February.
    2. Robert Breunig & Bronwyn Garrett-Rumba & Mathieu Jardin & Yvon Rocaboy, 2014. "Wage dispersion and team performance: a theoretical model and evidence from baseball," Applied Economics, Taylor & Francis Journals, vol. 46(3), pages 271-281, January.
    3. Gee San & Wen-Jhan Jane, 2008. "Wage dispersion and team performance: evidence from the small size professional baseball league in Taiwan," Applied Economics Letters, Taylor & Francis Journals, vol. 15(11), pages 883-886.
    4. DepkenII, Craig A., 2000. "Wage disparity and team productivity: evidence from major league baseball," Economics Letters, Elsevier, vol. 67(1), pages 87-92, April.
    5. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
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    Cited by:

    1. Steven L. FULLERTON & James H. HOLCOMB & Thomas M. FULLERTON, 2017. "Any given season?," Journal of Economics and Political Economy, KSP Journals, vol. 4(3), pages 238-246, September.
    2. Jacob Andrew Loree, 2016. "Determinants of Baseball Success: An Econometric Approach," Business and Economic Research, Macrothink Institute, vol. 6(2), pages 1-12, December.

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    More about this item

    Keywords

    Major League Baseball; Team Performance;

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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