Munich Personal RePEc Archive

Firm- specific human capital in different market conditions: evidence from the Japanese football league

Yamamura, Eiji and Ohtake, Fumio (2019): Firm- specific human capital in different market conditions: evidence from the Japanese football league.

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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.

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