Determinants of Clubs' Team Value in Russian Football Premier League

Student: Svetlakov Semen

Faculty: Faculty of Economics, Management, and Business Informatics

Educational Programme: Economics (Bachelor)

Final Grade: 8

Year of Graduation: 2017

Current paper provides the analyses of clubs’ team value determinants in RFPL. The sample of the research consists of 192 observations for 23 clubs participated in RFPL from 2011 to 2016. The data type was determined as unbalanced panel. Two alternative non-linier pooled regression models were estimated by OLS. Estimation results showed that such factors as points obtained by club, scored and missed goals, average age of players in club, participation in Eurocups, change of the coach, the proportion of foreign players in team, participation of government corporations in clubs’ management, and attendance of home matches have influence on clubs’ team value in RFPL. It was found that RFPL reveals the players’ sportive potential and has some features lowing the competitive level. The study of football players’ pricing on aggregated data allowed to take into account the team specificity of football and identify the influence of direct sports characteristics and other features of clubs in Russia on their players’ value.

Full text (added May 18, 2017)

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses