Advanced Search

Journal Navigation

Journal Home

Subscriptions

Archive

Contact Us

Table of Contents

Click here to sign up for SAGE Journal Email Alerts today!

Sign In to gain access to subscriptions and/or personal tools.
Journal of Sports Economics
This Article
Right arrow Full Text (PDF)
Right arrow References
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Similar articles in Web of Science
Right arrow Alert me to new issues of the journal
Right arrow Add to Saved Citations
Right arrow Download to citation manager
Right arrowRequest Permissions
Right arrow Request Reprints
Right arrow Add to My Marked Citations
Citing Articles
Right arrow Citing Articles via HighWire
Right arrow Citing Articles via Web of Science (2)
Right arrow Citing Articles via Google Scholar
Right arrow Citing Articles via Scopus
Google Scholar
Right arrow Articles by Callan, S. J.
Right arrow Articles by Thomas, J. M.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Complore   Add to Connotea   Add to Del.icio.us   Add to Digg   Add to Reddit   Add to Technorati   Add to Twitter  
What's this?

Modeling the Determinants of a Professional Golfer's Tournament Earnings

A Multiequation Approach

Scott J. Callan

Bentley College

Janet M. Thomas

Bentley College

Studies examining the determinants of success in professional golf constitute a relatively new and growing literature. Based on the consistency of empirical findings, there is little debate that certain shot-making skills influence a golfer's score and hence tournament earnings. However, the theoretical development of a player's production function in support of empirical specifications is lacking in the literature. Moreover, virtually all studies specify single-equation models that assume a direct relationship between performance and skill, an approach recently questioned in the literature. In response, this research develops a structural model of a professional golfer's tournament success and uses a multiequation framework to estimate the determinants of a player's season-ending earnings. Using this framework, estimates of the value of the marginal product for each shot-making skill are determined and found to be markedly different from those derived from single-equation models.

Key Words: earnings determination • professional golf • production functions

Journal of Sports Economics, Vol. 8, No. 4, 394-411 (2007)
DOI: 10.1177/1527002506287697
Add to CiteULike CiteULike   Add to Complore Complore   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us   Add to Digg Digg   Add to Reddit Reddit   Add to Technorati Technorati   Add to Twitter Twitter    What's this?


This article has been cited by other articles:


Home page
 Journal of Sports EconomicsHome page
S. Shmanske
Skills, Performance, and Earnings in the Tournament Compensation Model: Evidence From PGA Tour Microdata
Journal of Sports Economics, December 1, 2008; 9(6): 644 - 662.
[Abstract] [PDF]