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Human capital estimation in professional football

Author

Listed:
  • Polyakov, Konstantin

    (National Research University Higher School of Economics, Moscow)

  • Zhukova, Ludmila

    (National Research University Higher School of Economics, Moscow)

Abstract

Authors investigate forming of transfer fee of professional football players. They analyze influence on its value factors, which define «human capital» of athlete, such as age, professional achievements and «level of publicity», i.e. his ability to attract spectators’ attention. It have been determined that strength of influence of professional achievements diminishes with age and taking into account «level of publicity» significantly rise quality of transfer fee modeling.

Suggested Citation

  • Polyakov, Konstantin & Zhukova, Ludmila, 2013. "Human capital estimation in professional football," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 29(1), pages 29-44.
    • Handle: RePEc:ris:apltrx:0201
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    File URL: http://pe.cemi.rssi.ru/pe_2013_1_29-44.pdf
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    References listed on IDEAS

    as
    1. Carmichael, Fiona & Forrest, David & Simmons, Robert, 1999. "The Labour Market in Association Football: Who Gets Transferred and For How Much?," Bulletin of Economic Research, Wiley Blackwell, vol. 51(2), pages 125-150, April.
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    Cited by:

    1. Orlov, Denis, 2015. "The effect of clubs’ bargaining power on football player’s transfer value," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 45-64.

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    More about this item

    Keywords

    human capital; transfer fee; linear regression;
    All these keywords.

    JEL classification:

    • C01 - Mathematical and Quantitative Methods - - General - - - Econometrics
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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