Technical efficiency in the English Football Association Premier League with a stochastic cost frontier
AbstractThis 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.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 14 (2007)
Issue (Month): 10 ()
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