Macroeconomics and European club football - an economic viewpoint on the richest football assembly in the world
(2014) NEKN01 20141Department 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.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/4645945
- author
- Kapellner, Erik LU and Kostolny, Jakob LU
- supervisor
- organization
- course
- NEKN01 20141
- year
- 2014
- 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}}, language = {{eng}}, note = {{Student Paper}}, title = {{Macroeconomics and European club football - an economic viewpoint on the richest football assembly in the world}}, year = {{2014}}, }