The Determinants of Sporting Success in the Brazilian Football

International Journal of Sport Finance, 2018. Vol. 13. No. 2

Posted: 2 Jul 2018

See all articles by Thadeu Gasparetto

Thadeu Gasparetto

University of Vigo; National Research University Higher School of Economics

Ángel Barajas

University of Vigo - Faculty of Business Administration and Tourism; affiliation not provided to SSRN

Date Written: May 1, 2018

Abstract

Previous papers have deeply analysed the determinants of sporting success in both Olympic Games and international football. Nevertheless, few studies are found on football club-level, remaining it as a gap in the literature. Therefore, the aim of the present paper is to identify the determinants of sporting success on professional club-level using the Brazilian League as research object. The dataset comprises all 30 football clubs that competed in the First Division of the Brazilian League from the season 2010 to 2014. The econometric approach consists in an ordered logit regression. The dependent variable is the final position of each club in the final league table and the explanatory variables are related to four aspects: financial, market size, socio-economic and sports features. The findings reveal that team’ payroll, be placed in a city with higher standard of living, the number of previous participations in the First Division as well as a current title in the State Championships might maximize the likelihood of success in the Brazilian League. On the other hand, the results show evidence that the number of players used in the tournament may negatively affect the sporting performance. The peculiarities of the Brazilian domestic football are used to discuss the findings. Further papers on European football would be an interesting line of research once some determinants could vary according to the context.

Keywords: Brazilian Football, Ordered Logit Regression, Payroll, Football Players

Suggested Citation

Gasparetto, Thadeu and Gasparetto, Thadeu and Barajas, Ángel, The Determinants of Sporting Success in the Brazilian Football (May 1, 2018). International Journal of Sport Finance, 2018. Vol. 13. No. 2, Available at SSRN: https://ssrn.com/abstract=3200389

Thadeu Gasparetto

National Research University Higher School of Economics ( email )

Soyza Pechatnikov str., 15
St. Petersburg, 190068
Russia

University of Vigo ( email )

E.U. de Enx. Técn. Industrial.
Vigo, Pontevedra E-36200
Spain

Ángel Barajas (Contact Author)

University of Vigo - Faculty of Business Administration and Tourism ( email )

Campus as Lagoas
Ourense, Ourense 32004
Spain
0034 988368713 (Phone)
0034 988368923 (Fax)

affiliation not provided to SSRN

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