nep-spo New Economics Papers
on Sports and Economics
Issue of 2020‒10‒26
three papers chosen by
Humberto Barreto
DePauw University

  1. What Makes the Ideal Profile of a New Manager in Times of Adversity? Evidence from Italian Serie A By Kaori Naritaa; J .D. Tenaa; Claudio Detottoc
  2. Empirical estimates of the impact of major sporting events on economic development By Kazakova, Maria (Казакова, Мария); Andronova, Olesya (Андронова, Олеся)
  3. Internal Promotion and the Bosman Ruling: Evidence from the English Premier League By Mihailo RADOMAN; Marcel-Cristian VOIA

  1. By: Kaori Naritaa; J .D. Tenaa; Claudio Detottoc
    Abstract: Leadership succession entails changes in various managerial human capital. However, this issue has been rather overlooked in the literature. Whilst much of the previous studies focus on an overall impact of managerial turnover on organisational success, this paper contributes to the field by providing with some evidence that the changes in different characteristics of a manager, such as experience, skills, expertise, and relevance, asymmetrically affect post-succession performance. Using the data from the top-tier Italian football league for the seasons 2004/2005 - 2017/2018 inclusive, the effects of shifts in managerial human capital, in addition to Average Treatment Effect of replacing a head coach, are estimated by means of weighted regression with Inverse Propensity Score Weighting. In line with previous findings in the majority of literature, we find that head coach replacement does not significantly improve on-field performance, which implies that such a decision may be taken too often. However, significant improvement is found when a new manager is more experienced, has stronger association with the club, has been on sabbatical in the previous season, or is more defence oriented, relative to a dismissed head coach. Meanwhile, differences in neither playing career nor industry specific knowledge between outgoing and incoming managers affect effectiveness of replacement. The robustness of these results is tested for different performance measures and event windows.
    Keywords: OR in sports, Replacement, Human capital, Propensity score weighting, Football managers
    Date: 2020–10
  2. By: Kazakova, Maria (Казакова, Мария) (The Russian Presidential Academy of National Economy and Public Administration); Andronova, Olesya (Андронова, Олеся) (The Russian Presidential Academy of National Economy and Public Administration)
    Abstract: The impact of international sporting events, such as football championships or the Olympic Games, on economic growth is viewed by analysts and experts mainly in terms of short-term effects.More often they pay attention to how many tourists come to the Championship or the Olympics. The situation is much worse with the assessment of long-term results from international sporting events. However, it is the long-term effects that play a key role for catching-up economies in assessing the impact of organizing Championships and Olympics. The implementation of these events justifies itself if, thanks to them, export industries appear or develop in the economy, incl. tourism.This work is devoted to the econometric analysis of the consequences of the implementation of major sporting events for the economic development of countries. The first chapter provides an overview of foreign experience of such analysis; in the second chapter - an independent econometric study; in the conclusion, the calculation results are formulated.
    Keywords: development, tourism, sport economy
    Date: 2020–10
  3. By: Mihailo RADOMAN; Marcel-Cristian VOIA
    Keywords: , internal promotion, external hiring, binary response modelsc, Bosman ruling, duration models
    Date: 2020

This nep-spo issue is ©2020 by Humberto Barreto. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.