Raising salary or redistributing it: A panel analysis of Major League Baseball

Economics Letters

Volumn 107, Issue 2, 2010, Pages 297-299

  Jane, Wen Jhan ^a  

^a SHIH HSIN UNIVERSITY   (Taiwan)

Author keywords

Equity theory; Panel Granger Causality test; Revenue sharing; Salary regulation; Tournament theory

Indexed keywords

EID: 77950928204     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2010.02.016     Document Type: Article

References (11)

1. Akerlof G.A., Yellen J.L. The fair wage-effort hypothesis and unemployment. Quarterly Journal of Economics 1990, 105:255-283.
2. Bhaduri S.N., Durai S.R.S. Empirical relationship between the dividend and investment decision: do emerging market firms behave differently?. Applied Financial Economics Letters 2006, 2:155-158.
3. Depken C.A. Wage disparity and team productivity: evidence from Major League Baseball. Economics Letters 2000, 67:87-92.
4. Erdil E., Yetkiner I.H. A panel data approach for income-health causality. Appl. Econ. 2009, 41(4):511-518.
5. Granger C. Investigating causal relations by econometric models and cross-spectral methods. Econometrica 1969, 37(3):424-438.
6. Hall S., Szymanski S., Zimbalist A. Testing causality between team performance and payroll: the cases of Major League Baseball and English Soccer. Journal of Sports Economics 2002, 3(2):149-168.
7. Hurlin, C., Venet, B., 2001. "Granger causality tests in panel data models with fixed coefficients," mimeo. University of Orleans.
8. Hurlin, C., Venet, B., 2008. "Financial development and growth: a re-examination using a Panel Granger causality test," Working Papers provided by HAL in its series with number halshs-00319995_v1.
9. Im K.S., Pesaran M.H., Shin Y. Testing for unit roots in heterogeneous panels. Journal of Econometrics 2003, 115(1):53-74.
10. Jane W.J., San G., Ou Y.P. The causality between salary structures and team performance: a panel analysis in a Professional Baseball League. International Journal of Sport Finance 2009, 4(2):136-150.
11. Lazear E.P., Rosen S. Rank-order tournaments as optimum labor contracts. Journal of Political Economy 1981, 89(5):841-864.