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Dancing with the Stars: Does Playing in Elite Tournaments Affect Performance?

Güner, Ilhan, Hamidi Sahneh, Mehdi (2022) Dancing with the Stars: Does Playing in Elite Tournaments Affect Performance? Oxford Bulletin of Economics and Statistics, 85 (1). pp. 1-34. ISSN 0305-9049. (doi:10.1111/obes.12520) (KAR id:95832)

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https://doi.org/10.1111/obes.12520

Abstract

This paper documents spillover effects using participation in an elite international football tournament as a laboratory. Using a novel dataset from top 5 European football leagues, we find that participation in highly selective UEFA Champions League (UCL) generates large performance gains to participating teams in their domestic leagues. More precisely, UCL participation improves goal difference (goals scored minus goals conceded) by approximately 0.3 goals per game and probability margin (probability of winning minus probability of losing) by approximately 10 percentage points. By investigating causal channels through which participation in the UCL might affect performance, we argue that our results suggest the importance of spillover effects in sports.

Item Type: Article
DOI/Identification number: 10.1111/obes.12520
Uncontrolled keywords: Statistics, probability and uncertainty, economics and econometrics, social sciences
Subjects: H Social Sciences
Divisions: Divisions > Division of Human and Social Sciences > School of Economics
Funders: University of Kent (https://ror.org/00xkeyj56)
Depositing User: Ilhan Guner
Date Deposited: 17 Jul 2022 14:33 UTC
Last Modified: 12 Jan 2023 14:05 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/95832 (The current URI for this page, for reference purposes)
Güner, Ilhan: https://orcid.org/0000-0001-7476-1441
Hamidi Sahneh, Mehdi: https://orcid.org/0000-0003-3425-6824
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