Management Efficiency in Football: An Empirical Analysis of two Extreme Cases
AbstractAnalysis of managerial efficiency in sport economics typically focuses on evaluating coach decisions instead of assessing the organization as a whole. This paper studies the relative importance of variables related to power and managerial decisions by estimating stochastic production frontiers models for the Chilean and Italian football. We find the presence of technical inefficiencies in both cases. However, managerial decisions play a more significant role in the Italian league. This difference can be explained by a less open and balanced competition in the Chilean case, that could be due to financial constraints faced by small clubs in that country.
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Bibliographic InfoPaper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 201222.
Date of creation: 2012
Date of revision:
stochastic production frontier; managerial efficiency; sport economics;
Other versions of this item:
- JARA, miguel & Paolini, DIMITRI & TENA, J.D., 2012. "Management efficiency in football: an empirical analysis of two extreme cases," CORE Discussion Papers 2012044, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
- M50 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-09-22 (All new papers)
- NEP-EFF-2012-09-22 (Efficiency & Productivity)
- NEP-SPO-2012-09-22 (Sports & Economics)
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