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Win the best, win the largest or win the richest. Some empirical evidence from Italian championships

  • Di Domizio Marco

This paper uses an econometric model to evaluate the impact of variables influencing the long period competitive balance in Italian football league. Using records of the last 75 tournaments and adopting as a measure of market size both a demand and a supply side perspective, the paper aims at establishing if the theoretical prescriptions on the long run competitive balance holds for the Italian championships. This approach allows us to evaluate if teams outperform their market size and to extract a ranking of the best and worst teams in the last 75 years.

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File URL: http://wp.comunite.it/data/wp_no_47_2008.pdf
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Paper provided by Department of Communication, University of Teramo in its series wp.comunite with number 0047.

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Date of creation: Nov 2008
Date of revision:
Handle: RePEc:ter:wpaper:0047
Contact details of provider: Web page: http://wp.comunite.it/

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  1. Scully, Gerald W, 1974. "Pay and Performance in Major League Baseball," American Economic Review, American Economic Association, vol. 64(6), pages 915-30, December.
  2. repec:cup:cbooks:9780521517140 is not listed on IDEAS
  3. Stefan Kesenne, 2005. "The organization of European football and the competitive balance within and between nations," IASE Conference Papers 0518, International Association of Sports Economists.
  4. Sloane, Peter J, 1971. "The Economics of Professional Football: The Football Club as a Utility Maximiser," Scottish Journal of Political Economy, Scottish Economic Society, vol. 18(2), pages 121-46, June.
  5. Vrooman, John, 2000. "The Economics of American Sports Leagues," Scottish Journal of Political Economy, Scottish Economic Society, vol. 47(4), pages 364-98, September.
  6. 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 1302-19, Nov.-Dec..
  7. David Romer, 2006. "Do Firms Maximize? Evidence from Professional Football," Journal of Political Economy, University of Chicago Press, vol. 114(2), pages 340-365, April.
  8. Simon Rottenberg, 1956. "The Baseball Players' Labor Market," Journal of Political Economy, University of Chicago Press, vol. 64, pages 242.
  9. Rodney Fort & James Quirk, 1995. "Cross-subsidization, Incentives, and Outcomes in Professional Team Sports Leagues," Journal of Economic Literature, American Economic Association, vol. 33(3), pages 1265-1299, September.
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