Heavy Lifting - thoughts and web finds by an economist
     I also contribute to Division of Labour Load HL's Front Page
Tuesday, April 20, 2010

New working paper

Open Market Valuation of Player Performance in Cricket: Evidence from the Indian Premier League


with Ramakrishna Rajasekhar


This paper investigates the final bid prices for players during the first three seasons of the Indian Premier League (IPL). Although the IPL imposes a salary cap and other labor-market restrictions, it is anticipated that final bid prices reflect the aggregate value of player productivity statistics, potential leadership skills, and auction characteristics. The empirical analysis follows the methodology used to investigate wage determination in other professional sports. We find that cricketer salaries are influenced by player characteristics and that the marginal values have not been changing during the first three years of the league. We find little evidence for systematic wage discrimination against players who are not Indian nationals. We also find little evidence for systematic differences in average salaries paid across the eight franchises in the league.


Available at SSRN

Labels: ,

Comments: Post a Comment



Purchase




Le Chai - galerie du vin



Support



Popularity

Posts that contain Craig Depken per day for the last 90 days.



Contacts

Heavy Lifting's Main Page
Email Me
Atom Feed

WWW
Heavy Lifting




Great Links

Money I Found Today

Heavy Lifting - Firehose style (56k warning)



Recent Posts

- New working paper




Archives


home


Visitors
Site Meter Blogroll Me!



Credits

Modified maystar design
powered by blogger