Who will go down this year? The Determinants of Promotion and Relegation in European Soccer Leagues

Dherbecourt, Jean-Baptiste () and Bastien Drut ()
Additional contact information
Dherbecourt, Jean-Baptiste: Ecole doctorale de l’Ecole Polytechnique, Palaiseau, France

No 09-038.RS, Working Papers CEB from Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB)

Abstract: Contributing to the lively debate on closed leagues (North American model) versus open leagues (European model) in professional sport league, this paper aims at determining the drivers of promotion and relegation in the major European soccer leagues. Using a large and original dataset (for example: club’s link with a billionaire, club listed in the stock market, etc.) and logistic regressions, our results show that institutional factors matter to settle in the elite. It also indicates that open leagues system in European soccer championships is de facto very similar to closed leagues system. Furthermore, our forecasting model can be of interest for soccer investors or bookmakers.

Keywords: Economics of Sport; Organization of Sports Leagues; Soccer; Promotion and Relegation; Economic Forecasting; Regional Economy; Billionaires; Stock Market. (search for similar items in EconPapers)
JEL-codes: L83 R11 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-for and nep-spo
Date: 2009-10
View list of references

Downloads: (external link)
http://www.solvay.edu/EN/Research/Bernheim/documents/wp09038.pdf First version, 2009 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:sol:wpaper:09-038

Access Statistics for this paper

More papers in Working Papers CEB from Université Libre de Bruxelles, Solvay Brussels School of Economics and Management, Centre Emile Bernheim (CEB)
Contact information at EDIRC.
Series data maintained by CEB ().