In this paper, we follow an Instrumental Variable (IV) estimation strategy to assess the impact of crowd effects on the outcomes of the Italian Serie A matches. We use weather conditions to instrument for crowd attendance. We verify the validity of our identification strategy by taking advantage of matches played during the COVID-19 outbreak in Italy. We find that crowd effects have a positive impact on the home team performance.
Social pressure and home bias in football: evidence from Italy
Mattera R.
;
2022
Abstract
In this paper, we follow an Instrumental Variable (IV) estimation strategy to assess the impact of crowd effects on the outcomes of the Italian Serie A matches. We use weather conditions to instrument for crowd attendance. We verify the validity of our identification strategy by taking advantage of matches played during the COVID-19 outbreak in Italy. We find that crowd effects have a positive impact on the home team performance.File in questo prodotto:
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