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on Sports and Economics |
| By: | Ferda HALICIOGLU (The University of Greenwich) |
| Abstract: | This study aims at predicting the most likely winners of international football tournaments. To this end, this paper employs a relatively simple statistical method, which is based on the seasonal coefficients of variation (CVs) of the end-of-season points from domestic football leagues to measure the degree of competitive balance and to use it as a comparative indicator between the contesting countries in international football tournaments. The seasonal CV values computed from over ten seasons of the top division final standings of participating countries of Euro 2000 and 2004 football tournaments were utilized to predict the outcome of these football tournaments. The results based on the short, mid and long-term seasonal CV values suggest that this forecasting approach provides significantly reliable results in the case of Euro 2000 but not in the case of Euro 2004. |
| Keywords: | Competitive balance, Football, Ranking, UEFA, Sports forecasts. |
| JEL: | L80 H50 |
| Date: | 2005–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:wpa:wuwpio:0508001&r=spo |
| By: | Ferda HALICIOGLU (The University of Greenwich) |
| Abstract: | As a professional sport, professional football teams in a league compete in imperfect market conditions since every team in a professional football league may be known by their differentiated product (i.e. the quality of football they play). If the competition level increases, the quality of football being played may also increase. Thus, consumers`(i.e. football spectators) value of money spent on football should increase too. Thus, this paper tries to implement the above mentioned economic principle through a statistical method on nine European countries football leagues, in an individual and comparative manner. During the estimation period, it is calculated that, on average, the highest level of football competition took place in France, whereas Turkish football came last. |
| Keywords: | football ranking, European Football, optimal football league |
| JEL: | L50 H80 |
| Date: | 2005–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:wpa:wuwpot:0508001&r=spo |
| By: | Ferda HALICIOGLU (The University of Greenwich) |
| Abstract: | This study is primarily concerned with the degree of professional football competition in the Turkish first division football since its establishment. Moreover, this article aims to find the optimal number of football teams in a league as well as presenting the effects of the changes in point system on the degree of football competition. Finally, the Turkish first division's football competition level is compared to the selected European leagues. |
| Keywords: | Football competition, optimal league, Turkish football, European Football |
| JEL: | L50 H80 |
| Date: | 2005–08–01 |
| URL: | http://d.repec.org/n?u=RePEc:wpa:wuwpot:0508003&r=spo |
| By: | Victor Matheson (Department of Economics, College of the Holy Cross); Robert Baade (Department of Economics and Business, Lake Forest College) |
| Abstract: | Over the past 15 years, new stadiums in the National Football League have been built at an unprecedented rate, and most new facilities have utilized significant public funds. This paper looks at whether the methods used to finance these new facilities honored public finance principles regarding equity, efficiency, and transparency. An examination of the 20 NFL stadiums constructed or refurbished since 1992 reveals a trend towards more voter referendums and an increase reliance on taxation of visitors through hotel and rental car taxes. Although taxation of persons living outside one’s own metropolitan area is appealing, this paper suggests that the benefits of these taxes are not nearly so clear. |
| Keywords: | sports, public finance, stadiums, football, NFL |
| JEL: | H22 H25 H42 H71 L83 |
| Date: | 2005–07 |
| URL: | http://d.repec.org/n?u=RePEc:hcx:wpaper:0511&r=spo |