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Item Restricted i love this game: the metropolitan basketball association and its impact on the member local government units(2001-03) Garcia, Joseph Arnie A.; Tenazas, Nicholas M.Does the Metropolitan Basketball Association contribute to the economic well-being of the member local government units? If so, in what ways can the government help? MBA, being a private enterprise, is expected to yield satisfaction to the players, staff and fans. Little do people know that the sport that most Filipinos love also provides much needed help in the economic sector of the country. The findings of the paper are interesting. MBA is just a "signaling device" for the local government units' (LGUs) high levels of employment, tax and non-tax revenues. It does not really cause employment and tax revenues to significantly rise. But more importantly, it has great positive impact on the LGUs' non-tax revenues. The LGUs should continue promoting and supporting MBA since it is a great help to their financial resources, and it increases their capability to enhance social well-being.Item Restricted Superstar effects in the PBA(2006-04-05) Macedonio, Yelma B.; Ong, Esther B.; Tan, EditaIn this paper, we investigate wage determination among the professional basketball players of the Philippine Basketball Association (PBA). Rosen's theory of superstar, wherein few people in any chosen field command huge earnings and dominate the activities in which they engage in, is examined. The observed skewness in the distribution of earnings is analyzed using Rosen's assumption of the imperfect substitution feature of preference and joint consumption technology. This skewness in the earnings distribution refers to the argument that small differences in talent or ability translate to large earnings differential among the basketball players. Rosen's definition of superstar is slightly modified to incorporate Adler's theory of superstar phenomenon where consumption requires knowledge. In this study, superstar status is defined in two ways: the first is in terms of the superiority of playing skills as measured by the various performance indicators of individual players, while the second is in terms of non-talent factors which falls under the category of X-factor. Data on 2001 individual earnings and personal characteristics of basketball players in the seasons prior 2001 was used. The superstar effect as how Rosen defined it was not found in earnings after controlling for a large set of personal characteristics, individual performance indicators and other team- specific variables. What is found evident in the study is Adler's theory: regardless of whether a player possesses greater talent or not, a player would snowball into a star because of 'luck' or possession of factors other than talent.Item Restricted Wages and player performance in the Philippine basketball association(2009-11) Bez, Archie R.; Calabio, Angelo Miguel M.; Esguerra, Emmanuel F.In this thesis paper, we attempt to measure the economic loss to the players of teams participating in the Philippine Basketball Association (PBA). The study employed a mode of research in which estimates of players' marginal revenue products were compared to salaries, and subsequently approximating the presence, if any, and degree of monopsonistic exploitation in this particular labor market. The two-step process, which was derived from a similar study performed by Scully [1974] on Major League Baseball (MLB), involved estimating how various measures of team performance affect winning percentage. The effect of winning percentage on team revenue is estimated afterwards. Then, a player's MRP is estimated by multiplying his contribution to winning by its impact on revenue. The subsequent comparison between the players' MRP figures and actual salaries showed that players are actually overpaid, especially as we go down the hierarchy of talent.Item Restricted The economics of professional basketball: the effect of unionism on the wages of players in the Philippine basketball association(1986-01) Buensuceso, Rey; Celis, RaymondItem Restricted Is there a marriage premium for professional athletes? a case study of the Philippine basketball association(2009-01) Antonio, Tracee Joy N.; Lagac, Joyce Marie P.Using data on professional basketball players from the Philippine Basketball Association, this research provides evidence regarding the marital pay premiums earned by basketball players. Cross-sectional estimates suggest that married players receive a 22% higher salary as compared to never married players. Our findings provide support to the marriage premium literature where married men receive significantly higher wages than never married men. irrespective of the variables included in the model. Using the fixed- effects approach, our findings suggest that it might be the case that more productive and high-earning basketball players are being selected into marriage. However, it doesn't account for the entire observed premium found among married basketball players. In addition, we found little evidence to suggest that the marriage premium is a consequence of specialization. Finally. we used Oaxaca's decomposition model to test the discrimination hypothesis. Based on our estimation, we found substantial evidence that almost 52% of the differential is attributed to discrimination. Computing for the actual discrimination coefficient, we obtained a 0.44 discrimination between married and single players.