| By: |
Young Hoon Lee (Department of Economics, Sogang University, Seoul);
Hayley Jang (Department of Economics, Sangji University);
Yongcheol Shin (Department of Economics, University of York, York) |
| Abstract: |
We analyze spatial attendance spillover applying spatial panel-data models to
the Italian Football League data from 2001/2002 to 2016/2017. We use numerical
simulations to examine the potential impact of such spillover on the
competitive balance; spillover implies an interaction between the two
exclusive markets that are the principal sources of competitive imbalance. Our
numerical simulations suggest that spatial spillover may create attendance
variations across member teams, thus affecting the competitive balance. The
final outcome depends on the spillover sign, the network structure, and the
market size distribution. Next, our QML empirical results suggest that no
significant spatial interaction was evident in earlier seasons (2001 to 2013),
but modest spatial spillover was in play from 2013 to 2016. Combining the
empirical results with numerical simulations, we find that a recent, slightly
positive spillover may modestly compromise the competitive balance (by 5 to
10%). |
| Keywords: |
Spatial Spillover; Attendance; Competitive Balance; Italian Football League |
| JEL: |
L83 L80 Z20 |
| Date: |
2020 |
| URL: |
http://d.repec.org/n?u=RePEc:sgo:wpaper:2006&r=all |