Competitive Balance:Time Series Lessons from the English Premier League
Young Hoon Lee () and
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Rodney Fort: Sport Management, University of Michigan
No 1102, Working Papers from Research Institute for Market Economy, Sogang University
Structural break points in the First Division/English Premier League time series of competitive balance identify an Early Period, a Pre-World War II Period, a Post-War Period, and a Modern Period. The Early Period corresponds to technology diffusion (defense and tactics) along with important economic structural imposition by leagues. The war periods are common to many time series. The Modern Period¡¯s sharp decline in balance corresponds to the newest version of the Champions League in 1994/1995, increased revenue inequality, and the Bosman Ruling of 1995. Suggestions for future research are many.
Keywords: competitive balance; break point analysis; the invariance principle (search for similar items in EconPapers)
JEL-codes: L83 C22 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2011-06, Revised 2011-06
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ftp://188.8.131.52/wpaper/LYH_RIME_2011-02.pdf First version, 2011 (application/pdf)
Journal Article: Competitive Balance: Time Series Lessons from the E nglish P remier L eague (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:sgo:wpaper:1102
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