Human Capital Development in Professional Golf: Web.com Tour as Pathway to the PGA Tour
Journal of Applied Business and Economics
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Title |
Human Capital Development in Professional Golf: Web.com Tour as Pathway to the PGA Tour
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Creator |
Callan, Scott J.
Perkins, John M. |
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Description |
Within the economics of sport literature, economists have begun to apply Gary Becker’s human capital formation theory as a method to examine the value of developmental (or minor) league level performance on an athlete’s success at the highest (or major) league level of professional sports. This research applies Becker’s theory to a model of a professional golfer’s human capital development as they progress from the minor league (Web.com Tour) level to the major league (PGA Tour) level. Several empirical model specifications are developed. Empirical results show that of the shot-makings skills, long-game skills (i.e., driving power and driving accuracy) can best be developed through minor league play; while short-game skills (e.g., approach shots, scrambling, and putting) are better developed at the PGA Tour level.
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Publisher |
North American Business Press
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Date |
2018-12-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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Format |
application/pdf
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Identifier |
https://articlegateway.com/index.php/JABE/article/view/210
10.33423/jabe.v20i8.210 |
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Source |
Journal of Applied Business and Economics; Vol 20 No 8 (2018)
1499-691X 10.33423/jabe.v20i8 |
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Language |
eng
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Relation |
https://articlegateway.com/index.php/JABE/article/view/210/180
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Rights |
Copyright (c) 2018 Journal of Applied Business and Economics
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