What Does it Take to be a Star? – The Role of Performance and the Media for German Soccer Players
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What Does it Take to be a Star? – The Role of Performance and the Media for German Soccer Players
Lehmann, Erik E | Schulze, Günther G
Applied Economics Quarterly, Vol. 54 (2008), Iss. 1 : pp. 59–70
56 Citations (CrossRef)
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1Dept. of Economics and Management, University of Augsburg.
2Dept. of Economics, University of Freiburg, D-79085 Freiburg i.Br., Germany.
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Abstract
We test existing superstar theories for the German soccer league. We use various measures for individual players' performance and media presence to analyze whether performance and popularity can explain salaries and superstars in soccer. Moreover, we argue that quantile regression technique should be applied to analyze superstar phenomena instead of OLS used hitherto.