IDEAS home Printed from https://ideas.repec.org/a/bla/sajeco/v89y2021i2p274-281.html
   My bibliography  Save this article

Skill and Earnings Amongst Golfers on the Southern‐African Sunshine Tour

Author

Listed:
  • Ferdi Botha
  • Gavin Fraser
  • Thomas A. Rhoads

Abstract

This paper estimates the determinants of the success of golfers on the Southern‐African Sunshine Tour. Using a simultaneous‐quantile regression approach and real earnings per tournament as a measure of success, a higher greens‐in‐regulation percentage and a lower number of putts per greens‐in‐regulation are associated with higher earnings. Calculations of the value of the marginal product of key golfer skills suggest a dynamic human capital acquisition process for many Sunshine Tour golfers at the earliest stages of their professional golf career.

Suggested Citation

  • Ferdi Botha & Gavin Fraser & Thomas A. Rhoads, 2021. "Skill and Earnings Amongst Golfers on the Southern‐African Sunshine Tour," South African Journal of Economics, Economic Society of South Africa, vol. 89(2), pages 274-281, June.
    • Handle: RePEc:bla:sajeco:v:89:y:2021:i:2:p:274-281
    DOI: 10.1111/saje.12269
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/saje.12269
    Download Restriction: no
    File URL: https://libkey.io/10.1111/saje.12269?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Stephen Shmanske, 2000. "Gender, Skill, and Earnings in Professional Golf," Journal of Sports Economics, , vol. 1(4), pages 385-400, November.
    2. Scott Hamel & Steven B. Caudill & Franklin G. Mixon Jr., 2016. "A Good Walk Foiled: Monopoly Power and Barriers to Entry into the PGA Tour," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 37(8), pages 574-584, December.
    3. Scott J. Callan & Janet M. Thomas, 2007. "Modeling the Determinants of a Professional Golfer's Tournament Earnings," Journal of Sports Economics, , vol. 8(4), pages 394-411, August.
    4. Peter Nero, 2001. "Relative Salary Efficiency of Pga Tour Golfers," The American Economist, Sage Publications, vol. 45(2), pages 51-56, October.
    5. Ronald L. Moy & Thomas Liaw, 1998. "Determinants of Professional Golf Tournament Earnings," The American Economist, Sage Publications, vol. 42(1), pages 65-70, March.
    6. Donald L. Alexander & William Kern, 2005. "Drive for Show and Putt for Dough?," Journal of Sports Economics, , vol. 6(1), pages 46-60, February.
    7. Patrick James Rishe, 2001. "Differing Rates of Return to Performance," Journal of Sports Economics, , vol. 2(3), pages 285-296, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Stephen Shmanske, 2008. "Skills, Performance, and Earnings in the Tournament Compensation Model," Journal of Sports Economics, , vol. 9(6), pages 644-662, December.
    2. Ilhyeok Park & Young Hoon Lee, 2012. "Efficiency Comparison of International Golfers in the LPGA," Journal of Sports Economics, , vol. 13(4), pages 378-392, August.
    3. Thomas A. Rhoads, 2007. "Labor Supply on the PGA TOUR," Journal of Sports Economics, , vol. 8(1), pages 83-98, February.
    4. Stephen Shmanske, 2013. "Gender and skill convergence in professional golf," Chapters, in: Eva Marikova Leeds & Michael A. Leeds (ed.), Handbook on the Economics of Women in Sports, chapter 4, pages 73-91, Edward Elgar Publishing.
    5. Stephen Shmanske, 2007. "Consistency or Heroics: Skewness, Performance, and Earnings on the PGA TOUR," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 35(4), pages 463-471, December.
    6. Scott J. Callan & Janet M. Thomas, 2007. "Modeling the Determinants of a Professional Golfer's Tournament Earnings," Journal of Sports Economics, , vol. 8(4), pages 394-411, August.
    7. Mark Broadie, 2012. "Assessing Golfer Performance on the PGA TOUR," Interfaces, INFORMS, vol. 42(2), pages 146-165, April.
    8. Donald L. Alexander & William Kern, 2005. "Drive for Show and Putt for Dough?," Journal of Sports Economics, , vol. 6(1), pages 46-60, February.
    9. Harold Fried & Loren Tauer, 2011. "The impact of age on the ability to perform under pressure: golfers on the PGA tour," Journal of Productivity Analysis, Springer, vol. 35(1), pages 75-84, February.
    10. Carson D. Baugher & Jonathan P. Day & Elvin W. Burford Jr., 2016. "Drive for Show and Putt for Dough? Not Anymore," Journal of Sports Economics, , vol. 17(2), pages 207-215, February.
    11. Ohn, Jonathan K. & Bealing, William & Waeger, Dan, 2012. "The Determinants of Annual Earnings for PGA Players Under the New PGA’s FedEx Cup System," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 8(1), pages 1-11, May.
    12. Puterman Martin L & Wittman Stefan M, 2009. "Match Play: Using Statistical Methods to Categorize PGA Tour Players' Careers," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 5(1), pages 1-63, January.
    13. Jonathan Guryan & Kory Kroft & Matthew J. Notowidigdo, 2009. "Peer Effects in the Workplace: Evidence from Random Groupings in Professional Golf Tournaments," American Economic Journal: Applied Economics, American Economic Association, vol. 1(4), pages 34-68, October.
    14. Garner, Jacqueline & Humphrey, Phillip R. & Simkins, Betty, 2016. "The business of sport and the sport of business: A review of the compensation literature in finance and sports," International Review of Financial Analysis, Elsevier, vol. 47(C), pages 197-204.
    15. R. Antonietti, 2006. "Human Capital, Sport Performance, and Salary Determination of Professional Athletes," Working Papers 561, Dipartimento Scienze Economiche, Universita' di Bologna.
    16. E Bárcena-Martín & M Rodríguez-Fernández & S Borrego-Domínguez, 2017. "Golf, supply and demand," Tourism Economics, , vol. 23(6), pages 1220-1234, September.
    17. Benno Torgler, 2004. "?La Grande Boucle?: Determinants of Success at the Tour de France," CREMA Working Paper Series 2004-22, Center for Research in Economics, Management and the Arts (CREMA), revised May 2005.
    18. Barros, Carlos Pestana & Butler, Richard & Correia, Antónia, 2010. "The length of stay of golf tourism: A survival analysis," Tourism Management, Elsevier, vol. 31(1), pages 13-21.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:sajeco:v:89:y:2021:i:2:p:274-281. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/essaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.