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Skill and Earnings Amongst Golfers on the Southern‐African Sunshine Tour
Author(s) -
Botha Ferdi,
Fraser Gavin,
Rhoads Thomas A.
Publication year - 2021
Publication title -
south african journal of economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.502
H-Index - 31
eISSN - 1813-6982
pISSN - 0038-2280
DOI - 10.1111/saje.12269
Subject(s) - earnings , tournament , quantile regression , product (mathematics) , human capital , quantile , value (mathematics) , economics , demographic economics , econometrics , mathematics , statistics , economic growth , accounting , geometry , combinatorics
This paper estimates the determinants of the success of golfers on the Southern‐African Sunshine Tour. Using a simultaneous‐quantile regression approach and real earnings per tournament as a measure of success, a higher greens‐in‐regulation percentage and a lower number of putts per greens‐in‐regulation are associated with higher earnings. Calculations of the value of the marginal product of key golfer skills suggest a dynamic human capital acquisition process for many Sunshine Tour golfers at the earliest stages of their professional golf career.