Abstract
Using matched performance data and annual salary data of Japanese professional footballers, we examine the discrepancy between productivity and wages. We find that high productivity, as measured by effort and skill, contributes to raising the probability of winning matches in the Japanese professional football league, but that players’ effort and skills are not well reflected in their wages, with wages sometimes even having a negative influence on performance. Furthermore, we find that players’ attributes, such as experience, are larger drivers of wage levels than effort or skill level. The evidence suggests a seniority-based pay scale in a professional football league in the sense that reputation and “names” have market value. This discrepancy between productivity and wages suggests that there may exist inefficiency in payroll even in the professional labor market.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
