年度 |
2023 |
全部作者 |
Wen-Chao Shao, Han Zhang, Li-Chen Chou, Xi-Xi Ye |
作者类别 |
通讯作者 |
论文名称 |
Comparing athletes’ mastery of salary information before and during the COVID-19 pandemic: Evidence from the national basketball association |
期刊名称 |
Economic Modelling |
卷数 |
128 |
期刊等级 |
SSCI |
论文类型 |
电子期刊 |
总页数 |
9 |
发表日期 |
2023-11-30 |
摘要 |
The coronavirus disease 2019 (COVID-19) pandemic seriously affected the global economy and industry. Unlike previous studies that have discussed the economic losses suffered by the sports industry, this article provides a two-tier stochastic frontier model to estimate the mastery of salary information by athletes and the National Basketball Association (NBA) teams, with an emphasis on modeling athletes’ salary markets. This paper presents and combines team-level data for the 2019–2020 and 2020–2021 NBA seasons. The results indicate that the salary bargaining power of the athletes was enhanced and the power of NBA teams was weakened after the COVID-19 pandemic. The outbreak of COVID-19 reduced the revenue of athletes and NBA teams, but it also prompted closer communication between the two, enhancing the understanding of salary information and equalizing the power involved in contract negotiations between athletes and NBA teams.
|
语言 |
英文 |
参考连结 |
https://doi.org/10.1016/j.econmod.2023.106517 |