Yamamura, Eiji and Ohtake, Fumio (2019): Firm- specific human capital in different market conditions: evidence from the Japanese football league.
PDF
MPRA_paper_94977.pdf Download (929kB) |
Abstract
This paper examined how meeting the team-specific human capital is important in a football player’s performance by comparing the top two league teams. From panel data of the Japan Professional Football League, we find that changing the team reduced a player’s performance and that the team’s performance improved as each player’s tenure in the team increased, the returns from team-specific skills over time increased and then decreased as the years passed, the benefit from moving to a new team depends on the timing of moving, and neither tenure in the team nor experience affects a professional football player’s performance.
Item Type: | MPRA Paper |
---|---|
Original Title: | Firm- specific human capital in different market conditions: evidence from the Japanese football league |
English Title: | Firm- specific human capital in different market conditions: evidence from the Japanese football league |
Language: | English |
Keywords: | Firm-specific human capital; Professional football; Player performance; Matching |
Subjects: | J - Labor and Demographic Economics > J4 - Particular Labor Markets > J49 - Other J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J62 - Job, Occupational, and Intergenerational Mobility |
Item ID: | 94977 |
Depositing User: | eiji yamamura |
Date Deposited: | 11 Jul 2019 15:48 |
Last Modified: | 26 Sep 2019 14:59 |
References: | Altonji, J. G., and R. A. Shakotko, “Do Wages Rise with Job Seniority?” Review of Economic Studies 54 (3) (1987), 437-459. Borland, J., and J. Lye, “Matching and Mobility in the Market for Australian Football Coaches,” Industrial and Labor Relations Review 50 (1) (1996), 143-158. Brown, J. N., “Why Do Wages Increase with Tenure? On-the-Job Training and Life-cycle Wage Growth Observed within Firms,” American Economic Review 79(5) (1989), 971-991. Brown, T., K. A. Farrell, T. Zorn. “Performance Measurement and Matching: The Market for Football Coaches,” Quarterly Journal of Business and Economics 46(1) (2007), 21-35. Carmichael, F., D. Thomas, and R. Ward. “Team Performance: The Case of English Premiership Football,” Managerial and Decision Economics 21 (2000), 31-45. Chapman, K. S., and L. Southwick, Jr., “Testing the Matching Hypothesis: The Case of Major-League Baseball,” American Economic Review 81(5) (1991), 1352-1360. De Paola, M., and V. Scoppa, “The Effects of Managerial Turnover: Evidence from Coach Dismissals in Italian Soccer Teams,” Journal of Sports Economics 13 (2) (2012), 152-168. Glenn, A., J. P. McGarrity, and J. Weller, “Firm-Specific Human Capital, Job Matching, and Turnover: Evidence from Major League Baseball, 1900-1992,” Economic Inquiry 39 (1) (2001), 86-93. Jacobson, L., R. Lalonde, and S. Sullivan, “Earnings Losses of Displaced Workers,” American Economic Review 83 (1993), 685-709. Soccer Digest, J-League Players File (Japan Sports Publishing, various years). Jovanovic, B., “Job Matching and the Theory of Turnover,” Journal of Political Economy 87(5) (1979), 972-990. Kambourov, G., and I. Manovskii, “Occupational Specificity of Human Capital,” International Economic Review 50(1) (2009), 63-115. Kawaura, A., and S. Croix, “Integration of North and South American Players in Japan’s Professional Baseball Leagues,” International Economic Review 57 (2016), 1107-1130. Neal, D., “Industry-specific Human Capital: Evidence from Displaced Workers,” Journal of Labor Economics 13 (1995), 653-677. Ohkusa, Y., and F. Ohtake, “The Relationship between Supervisor and Workers -- The Case of Professional Baseball in Japan,” Japan and the World Economy 8(4) (1996), 475-488. Ohtake, F., and Y. Ohkusa “Testing the Matching Hypothesis: The Case of Professional Baseball in Japan with Comparisons to the United States,” Journal of the Japanese and International Economies 8(2), (1994), 204-219. Otsuka, K., T., Sonobe, Cluster-based Industrial Development: An East Asian Model (New York: Palgrave Macmillan, 2006). Parent, D., “Industry-specific Capital and the Wage Profile: Evidence from the National Longitudinal Survey of Youth and the Panel Study of Income Dynamics,” Journal of Labor Economics 18 (2000), 306-323. Prisinzano, R., “Investigation of the Matching Hypothesis: The Case of Major League Baseball,” Journal of Sports Economics 1 (2000), 277-298. Shaw, K. L., “A Formulation of the Earnings Function Using the Concept of Occupational Investment,” The Journal of Human Resources 19 (1984), 319-340. Shaw, K. L., “Occupational Change, Employer Change, and the Transferability of Skills,” Southern Economic Journal 53 (1987), 702-719. Topel, R. H., “Specific Capital, Mobility, and Wages: Wages Rise with Job Seniority,” Journal of Political Economy (1991), 145-176. Yamamura, E., “Technology Transfer and Convergence of Performance: An Economic Study of FIFA Football Ranking” Applied Economics Letters 16(3), (2009), 261-266. Yamamura, E., “Wage Disparity and Team Performance in the Process of Industry Development: Evidence from Japan’s Professional Football League.” Journal of Sports Economics 16(2) (2015), 214-223. Zangelidis, A., “Occupational and Industry Specificity of Human Capital in the British Labour Market,” Scottish Journal of Political Economy 55(4) (2008), 420-443. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/94977 |