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Macroeconomics and European club football - an economic viewpoint on the richest football assembly in the world

Kapellner, Erik LU and Kostolny, Jakob LU (2014) NEKN01 20141
Department of Economics
Abstract
Football is getting more and more connected to business as well as economics by each day. Almost annually, a transfer record or an all-time-high sponsorship deal is signed. This essay will attempt to take an economic point of view on the footballing industry and try to analyze whether a relationship between seven chosen macroeconomic variables and the UEFA coefficient can be observed and defined. To be able to analyze this link, a Tobit model will be used on sixteen countries during a time period from 1980 to 2012.
Results show that a relationship between the chosen macroeconomic variables and the UEFA coefficient indeed exist. The relationship is not completely as on beforehand assumed, but a clear connection is established.
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author
Kapellner, Erik LU and Kostolny, Jakob LU
supervisor
organization
course
NEKN01 20141
year
type
H1 - Master's Degree (One Year)
subject
keywords
Tobit model, UEFA coefficient, football, macroeconomic, growing industry
language
English
id
4645945
date added to LUP
2014-09-24 14:26:03
date last changed
2014-09-24 14:26:03
@misc{4645945,
  abstract     = {Football is getting more and more connected to business as well as economics by each day. Almost annually, a transfer record or an all-time-high sponsorship deal is signed. This essay will attempt to take an economic point of view on the footballing industry and try to analyze whether a relationship between seven chosen macroeconomic variables and the UEFA coefficient can be observed and defined. To be able to analyze this link, a Tobit model will be used on sixteen countries during a time period from 1980 to 2012.
Results show that a relationship between the chosen macroeconomic variables and the UEFA coefficient indeed exist. The relationship is not completely as on beforehand assumed, but a clear connection is established.},
  author       = {Kapellner, Erik and Kostolny, Jakob},
  keyword      = {Tobit model,UEFA coefficient,football,macroeconomic,growing industry},
  language     = {eng},
  note         = {Student Paper},
  title        = {Macroeconomics and European club football - an economic viewpoint on the richest football assembly in the world},
  year         = {2014},
}