The consequences of an open labour market in a closed product market in the economic environment of European professional football
Ever since the Bosman case opened the labour market for players in European professional football, competitive balance has reduced in favour of the Big 5 leagues (England, Spain, Italy, Germany and France). In this article we show that changing structures towards an open labour market in a closed product market resulted in a migration of player talents towards the major leagues and teams and in a competitive disadvantage for the smaller market leagues and their teams. Next to a theoretical argumentation, we provide empirical evidence and assess future options for the structure of European professional football.
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| Length: | 16 pages |
| Date of creation: | Dec 2008 |
| Handle: | RePEc:spe:wpaper:0830 |
| Contact details of provider: | Web page: http://www.cdes.fr/index.php?id=fr69 More information through EDIRC Web page: http://www.byuresearch.org/naasportseconomists/
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References listed on IDEAS
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.:
- Stefan Szymanski, 2007.
"The Champions League And The Coase Theorem,"
Scottish Journal of Political Economy,
Scottish Economic Society, vol. 54(3), pages 355-373, 07.
- Stefan Szymanski, 2006. "The Champions League and the Coase Theorem," Working Papers 0617, International Association of Sports Economists;North American Association of Sports Economists.
- Stephen Hall & Stefan Szymanski & Andrew S. Zimbalist, 2002. "Testing Causality Between Team Performance and Payroll," Journal of Sports Economics, , vol. 3(2), pages 149-168, May.
- Haan, Marco & Koning, Ruud H. & Witteloostuijn, Arjen van, 2002. "Market forces in European soccer," CCSO Working Papers 200211, University of Groningen, CCSO Centre for Economic Research.
- Haan, Marco & Koning, Ruud H. & Witteloostuijn, Arjen van, 2002. "Market forces in European soccer," Research Report 02F18, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Stefan Kesenne, 2007. "The Peculiar International Economics Of Professional Football In Europe," Scottish Journal of Political Economy, Scottish Economic Society, vol. 54(3), pages 388-399, 07.
- El-Hodiri, Mohamed & Quirk, James, 1971. "An Economic Model of a Professional Sports League," Journal of Political Economy, University of Chicago Press, vol. 79(6), pages 1302-1319, Nov.-Dec..
- Thomas Ericson, 2000. "The Bosman Case," Journal of Sports Economics, , vol. 1(3), pages 203-218, August. Full references (including those not matched with items on IDEAS)
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