The golfers on the Professional Golfers Association (PGA) Tour provide an opportunity to examine the relationship between performance and earnings. Using PGA Tour data from 2010 and the 2018-2019 season, this paper replicates previous studies exploring the returns to skill and changes in return to skill over time of PGA golfers. Average driving distance, average driving accuracy, greens in regulation (GIR), putts per GIR, sand saves, number of events competed in, and two interaction terms are found to be statistically significant. The idea that returns to skills for PGA golfers are changing over time is supported in this paper.
Major Themes in Economics
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Collins, Chase A.
"Measuring Earnings Through Performance: A Replication of the Return to Skill of PGA Tour Golfers,"
Major Themes in Economics, 22, 15-27.
Available at: https://scholarworks.uni.edu/mtie/vol22/iss1/4