The effect of competition on the demand for skilled labor: Matching with externalities in the NBA

IF 1.2 4区 管理学 Q3 ECONOMICS
Joseph Kuehn
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Abstract

I study how heterogeneity in competition can affect the demand for skilled labor in a way that generates a dispersion in productivity across otherwise similar firms. This is explored in the setting of professional basketball where heterogeneity in competition is easily measured. I develop and estimate a matching model with externalities, where the value of a match between a firm and worker depends on the entire allocation of matches. I find that competition has a significant effect on hiring decisions in the National Basketball Association, resulting in a clustering of talent among rivals. A counterfactual shows that competition in the league's playoff format explains 17.59% of the widely observed gap in talent between the league's two conferences.

竞争对熟练劳动力需求的影响:NBA 中的外部性匹配
我研究的是竞争中的异质性如何影响对熟练劳动力的需求,从而使原本相似的企业之间产生生产率差异。这是在职业篮球的背景下探讨的,因为在职业篮球中,竞争的异质性很容易衡量。我建立并估计了一个具有外部性的匹配模型,在该模型中,企业与工人之间的匹配价值取决于整个匹配分配。我发现,竞争对全美篮球协会的雇佣决策有重大影响,导致人才在竞争对手之间聚集。一项反事实研究表明,联盟季后赛赛制中的竞争可以解释联盟两大联盟之间广泛存在的人才差距的 17.59%。
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来源期刊
CiteScore
3.20
自引率
5.30%
发文量
43
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