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The Econometrics of Sport

Edited by Plácido Rodríguez, University of Oviedo, Spain, Stefan Késenne, University of Antwerp and KU Leuven, Belgium and Jaume García, Universitat Pompeu Fabra, Spain
The study of sport in the economy presents a rich arena for the application of sharply focused microeconomics, macroeconomics and econometrics to both team and individual outcomes. This unique book offers a survey of recent research that follows the tradition of empirical and theoretical analysis of sport economics and econometrics.
Extent: 256 pp
Hardback Price: $136.00 Web: $122.40
Publication Date: 2013
ISBN: 978 1 78100 285 8
Availability: In Stock
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The study of sport in the economy presents a rich arena for the application of sharply focused microeconomics, macroeconomics and econometrics to both team and individual outcomes. This unique book offers a survey of recent research that follows the tradition of empirical and theoretical analysis of sport economics and econometrics.

Including contributions by many of the leading experts in the field, the authors address four central branches, namely: competitive balance, labour relations, attendance and demand, and the economic impact of sport in communities.

A wide range of topics is explored within these themes, including:
• the effect of uncertainty of outcome on attendance
• players’ labour markets, wages and team performance
• variations in fan loyalty between teams and through time
• the determinants of soccer match attendance.

Case studies of Major League Baseball, the National Football League (NFL) and college athletics in the US, the English Premier League, the Spanish football league and other (major and minor) European football leagues underpin the discussion.

This important book will prove to be a fascinating and stimulating read for academics, researchers and students interested in the econometric analysis of sport.
Contributors: G.M. Ahlfeldt, J. Baños, R. Baumann, D.J. Berri, R. Fort, B. Frick, J. García, W. Greene, B.R. Humphreys, L. Kahane, G. Kavetsos, S. Késenne, Y.H. Lee, N. Longley, V.A. Matheson, R.G. Noll, P. Rodríguez, R. Simmons, S. Szymanski, J. Vrooman
Contents:

Foreword
William Greene

Preface

PART I: COMPETITIVE BALANCE
1. Two to Tango: Optimum Competitive Balance in Professional Sports Leagues
John Vrooman

2. Major League Baseball Attendance Time Series: League Policy Lessons
Rodney Fort and Young Hoon Lee

PART II: PLAYER’S LABOUR MARKETS
3. Wages, Transfers and the Variation of Team Performance in the English Premier League
Stefan Szymanski

4. Team Wage Bills and Sporting Performance: Evidence from (Major and Minor) European Football Leagues
Bernd Frick

5. Returns to Thuggery in the National Hockey League: The Effects of Increased Enforcement
Leo Kahane, Neil Longley and Robert Simmons

6. Valuing the Blind Side: Pay and Performance of Offensive Linemen in the National Football League
David J. Berri, Brad R. Humphreys and Robert Simmons

PART III: ATTENDANCE
7. Endogeneity in Attendance Demand Models
Roger G. Noll

8. Estimation of Temporal Variations in Fan Loyalty: Application of Multi-factor Models
Young Hoon Lee

9. The Determinants of Football Match Attendance in Spanish Football: An Empirical Analysis
Jaume García and Plácido Rodríguez

PART IV: ECONOMIC IMPACT
10. Estimating Economic Impact Using Ex Post Econometric Analysis: Cautionary Tales
Robert Baumann and Victor A. Matheson

11. Should I Wish on a Stadium? Measuring the Average Effect on the Treated
Gabriel M. Ahlfeldt and Georgios Kavetsos

12. Spain and the FIFA World Cup 2018/2022: A Qualitative and Quantitative Analysis
José Baños and Plácido Rodríguez

Epilogue
Plácido Rodríguez, Stefan Késenne and Jaume García

Index