Oviedo University Press
Economics and Business Letters
Original Item ID
We use the U.S. Major League Baseball team level data in 1985-2015 and find an inverse U-shaped relationship between team payrolls and winning percentages. Furthermore, when investigating the winning effects of pitcher and hitter payrolls, we find the similar curvilinear relationship between pitcher/hitter salaries and team performance.
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This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Lu, Xing; Matthews, Jason; Wang, Miao; and Zhuang, Hong, "Team Payroll, Pitcher and Hitter Payrolls and Team Performance: Evidence from the U.S. Major League Baseball" (2018). Economics Faculty Research and Publications. 608.
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