Barros, Carlos Pestana; Garcia-del-Barrio, Pedro - In: Economic Modelling 25 (2008) 5, pp. 994-1002
Using the random stochastic frontier model, this paper examines the technical efficiency of the English football Premier League from 1998/99 to 2003/04. The model disentangles homogenous and heterogeneous variables in the cost function, which leads us to advise the implementation of common...