IDEAS home Printed from https://ideas.repec.org/a/wly/mgtdec/v38y2017i5p689-696.html
   My bibliography  Save this article

Monopsony Power in the Labor Market of Nippon Professional Baseball

Author

Listed:
  • Roger D. Blair
  • Eva Marikova Leeds
  • Michael A. Leeds

Abstract

Although sports teams around the world can no longer use the reserve clause to bind their players forever, teams can still exert considerable monopsony power early in the players' careers. Institutional and cultural factors specific to Nippon Professional Baseball and to Japan suggest that this monopsony power is stronger and longer‐lasting in Japan than in other countries. We use techniques associated with the Oaxaca decomposition to simulate the impact of free agency on the pay of baseball players in Japan who have not yet reached free agency. We find that free agency in Japan has a large impact on pay but that this increase is quite small relative to the impact in Major League Baseball. Copyright © 2016 John Wiley & Sons, Ltd.

Suggested Citation

  • Roger D. Blair & Eva Marikova Leeds & Michael A. Leeds, 2017. "Monopsony Power in the Labor Market of Nippon Professional Baseball," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 38(5), pages 689-696, July.
  • Handle: RePEc:wly:mgtdec:v:38:y:2017:i:5:p:689-696
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jin Lee & Young Hoon Lee, 2021. "Development of a Win Production Function and Evaluation of Cross-Sectional Dependence," Journal of Sports Economics, , vol. 22(4), pages 412-431, May.
    2. Wen-Jhan Jane, 2021. "The impact of cultural distance on salary: the case of Samurai Japan," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 11(1), pages 85-123, March.
    3. Candon Johnson & Eduardo Minuci, 2020. "Wage discrimination in the NBA: Evidence using free agent signings," Southern Economic Journal, John Wiley & Sons, vol. 87(2), pages 517-539, October.
    4. Rockerbie, Duane & Easton, Stephen, 2019. "A Real Options Approach to Multi-Year Contracts in Professional Sports," MPRA Paper 93062, University Library of Munich, Germany.

    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:wly:mgtdec:v:38:y:2017:i:5:p:689-696. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: http://www3.interscience.wiley.com/cgi-bin/jhome/7976 .

    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.