nep-spo New Economics Papers
on Sports and Economics
Issue of 2005‒07‒25
one paper chosen by
Joao Carlos Correia Leitao
Universidade da Beira Interior

  1. Are Sports Teams Multi-Product Firms? By Kenneth G. Stewart; J. C. H. Jones

  1. By: Kenneth G. Stewart (Department of Economics, University of Victoria); J. C. H. Jones (Department of Economics, University of Victoria)
    Abstract: The appropriate conception of team outputs is investigated by estimating a two-output factor demand system for baseball teams, relative to which single-output models are rejected. There is, however, some empirical support for output separability, suggesting that team outputs may sometimes be adequately treated as a production aggregate.
    Keywords: Sports economics, multi-output production
    JEL: D24 L83
    Date: 2005–07–21

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