Marco Di Domizio, Carlo Bellavite Pellegrini, Raul Caruso
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引用次数: 1
Abstract
This paper investigates the relevance of wage distributions among players in determining the seasonal performances of Italian Serie A teams. Using dispersion measures on weighted wages calculated from 2007 to 2021, we analyzed the relationship between pay dispersion and team performance over 14 seasons. The percentage of points at the end of the season served as the dependent variable, and panel data techniques revealed a statistically significant association of seasonal team performances with relative wages and a negative association with salary dispersion. The empirical results confirm that cohesion theory holds true for soccer teams in Italy, and therefore more equally weighted wages are associated with better on-field performance.
期刊介绍：
Contemporary Economic Policy publishes scholarly economic research and analysis on issues of vital concern to business, government, and other decision makers. Leading western scholars, including three Nobel laureates, are among CEP"s authors. The objectives are to communicate results of high quality economic analysis to policymakers, focus high quality research and analysis on current policy issues of widespread concern, increase knowledge among economists of features of the economy key to understanding the impact of policy, and to advance methods of policy analysis.
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