Article
Are We Getting Better or Are They Getting Worse? Draft Position, Strength of Schedule, and Competitive Balance in the National Football League
Journal of Labor Research
Document Type
Article
Publication Date
9-1-2015
Abstract
Monopsonistic labor market institutions, such as amateur drafts and free agency restrictions, are often justified by their competitive balance generating properties. In this paper we re-examine the balancing effect of the amateur draft for the National Football League. We extend an earlier treatment of this issue by Grier and Tollison (J Econ Behav Organ 33: 136–149, 1994) by incorporating the unbalanced scheduling policy of the league, relative team payrolls, and team injury rates into our empirical model. We find that the college draft has a quantitatively strong and statistically significant effect on team performance even when incorporating several significant controls.
Inclusive pages
291-300
ISBN/ISSN
0195-3613
Publisher
Springer
Peer Reviewed
Yes
Disciplines
Citation Information
Tony Caporale and Trevor Collier. "Are We Getting Better or Are They Getting Worse? Draft Position, Strength of Schedule, and Competitive Balance in the National Football League" Journal of Labor Research Vol. 36 Iss. 3 (2015) Available at: http://works.bepress.com/tony_caporale/2/