Individual efficiency and club performance: a panel analysis of professional baseball
AbstractThis paper investigates whether players' individual- and club-level efficiency has substantial impact on club performance in the Chinese Professional Baseball League (CPBL). Using data from 1990 to 2000, and a stochastic frontier model, we propose a different way to measure club-level efficiency. Our empirical results indicate that club-level efficiency is crucial to club performance, measured by the winning percentage. Although the literature shows that some inefficient clubs with abundant resources are still very successful on the diamond, our results confirm that club-level efficiency has a moderate impact on the success of a baseball club in the CPBL. Copyright © 2010 John Wiley & Sons, Ltd.
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Bibliographic InfoArticle provided by John Wiley & Sons, Ltd. in its journal Managerial and Decision Economics.
Volume (Year): 31 (2010)
Issue (Month): 5 ()
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Web page: http://www3.interscience.wiley.com/cgi-bin/jhome/7976
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