Technical efficiency in the English Football Association Premier League with a stochastic cost frontier
This article uses an econometric frontier model to evaluate the technical efficiency of English Premier League clubs from 1998/99 to 2002/03 combining sport and financial variables. A Cobb-Douglas cost specification of the technical efficiency effects model is used to generate football club efficiency scores, allowing for contextual variables which affect inefficiency. We conclude that the efficiency scores are mixed. A policy is devised for the management of this sector.
Year of publication: |
2007
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Authors: | Barros, Carlos Pestana ; Leach, Stephanie |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 14.2007, 10, p. 731-741
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Publisher: |
Taylor & Francis Journals |
Saved in:
freely available
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