Managerial Effiency in German Top League Soccer

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Managerial Effiency in German Top League Soccer

Author Info

Kern, Markus
Süssmuth, Bernd

Abstract

This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex ante input factors, we use pre-seasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex post pecuniary revenues and sporting success. While in the case of athletic output we find a robust pattern of technical efficiency over subsequent seasons, the estimates based on economic output highlight the instability of the German soccer industry.

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Paper provided by University of Munich, Department of Economics in its series Discussion Papers in Economics with number 5.

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Date of creation: Feb 2003
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Handle: RePEc:lmu:muenec:5

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Find related papers by JEL classification:
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
D24 - Microeconomics - - Production and Organizations - - - Production; Capital and Total Factor Productivity; Capacity

This paper has been announced in the following NEP Reports:

NEP-LAB-2003-07-10 (Labour Economics)

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

R. H. Koning, 2003. "An econometric evaluation of the effect of firing a coach on team performance," Applied Economics, Taylor and Francis Journals, vol. 35(5), pages 555-564, March. [Downloadable!] (restricted)
Battese, G E & Coelli, T J, 1995. "A Model for Technical Inefficiency Effects in a Stochastic Frontier Production Function for Panel Data," Empirical Economics, Springer, vol. 20(2), pages 325-32.
Coelli, T. J., 1992. "A computer program for frontier production function estimation : Frontier version 2.0," Economics Letters, Elsevier, vol. 39(1), pages 29-32, May. [Downloadable!] (restricted)
Akerlof, George A, 1976. "The Economics of Caste and of the Rat Race and Other Woeful Tales," The Quarterly Journal of Economics, MIT Press, vol. 90(4), pages 599-617, November. [Downloadable!] (restricted)
Szymanski, Stefan & Smith, Ron, 1997. "The English Football Industry: Profit, Performance and Industrial Structure," International Review of Applied Economics, Taylor and Francis Journals, vol. 11(1), pages 135-53, January.

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