Competitive Balance:Time Series Lessons from the English Premier League

Young Hoon Lee and Rodney Fort
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Rodney Fort: Sport Management, University of Michigan

No 1102, Working Papers from Nam Duck-Woo Economic Research Institute, Sogang University (Former Research Institute for Market Economy)

Abstract: 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: C22 L83 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2011-06, Revised 2011-06
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https://tinyurl.com/ynzoc668 First version, 2011 (application/pdf)

Related works:
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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