The authors use data that are collected from the 2007 season to study attendance at Nippon Professional Baseball (NPB) games. Like Major League Baseball (MLB) teams, Japanese teams set price in the inelastic portion of the demand curve, but standard explanations for low prices do not apply. The authors also find some evidence that the visiting team's fans play a greater role in NPB than in MLB. Games in domed stadiums or between teams in different leagues also draw more fans. Finally, attendance is greater at games between better teams and games that the home team is more likely to win.
We analyze the determinants of salaries for players in Nippon Professional Baseball (NPB) using performance data from 2004 to 2006 and compensation data from 2005 to 2007. We find that salaries in NPB are determined by different factors than those that drive salaries in Major League Baseball (MLB). We also find that experience plays a significant role in salary determination, which suggests that the Japanese emphasis on seniority still holds in NPB. Finally, we show that free agency has relatively little impact on salaries in NPB, which suggests that players in NPB are subject to greater monopsony power than players in MLB.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.