Evaluating Rent Dissipation in the Spanish Football Industry

Guido Ascari and Philippe Gagnepain

Post-Print from HAL

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.

Date: 2007
Note: View the original document on HAL open archive server: https://hal.science/hal-00622841v1
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (23)

Published in Journal of Sports Economics, 2007, 8, pp.468-490

Downloads: (external link)
https://hal.science/hal-00622841v1/document (application/pdf)

Related works:
Journal Article: 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:hal:journl:hal-00622841

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().