Evaluating Rent Dissipation in the Spanish Football Industry

Guido Ascari and Philippe Gagnepain

Journal of Sports Economics, 2007, vol. 8, issue 5, 468-490

Abstract: This article proposes to evaluate empirically the consequences of the rent-seeking behavior of football clubs on their costs. The empirical work entails estimating a football wage, result, and demand system with data on clubs competing in the first and second Spanish leagues during the 1996-2003 seasons. The estimation sheds light on wage distortions that differ from 45% to 52% throughout the period considered. This provides an interesting illustration of the financial difficulties faced recently by many European football clubs.

Keywords: football industry; wage distortion; frontier; football demand (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/1527002506292582 (text/html)

Related works:
Working Paper: Evaluating Rent Dissipation in the Spanish Football Industry (2007)
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: https://EconPapers.repec.org/RePEc:sae:jospec:v:8:y:2007:i:5:p:468-490

DOI: 10.1177/1527002506292582

Access Statistics for this article

More articles in Journal of Sports Economics
Bibliographic data for series maintained by SAGE Publications ().