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Technical efficiency in the English Football Association Premier League with a stochastic cost frontier

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  • Carlos Pestana Barros
  • Stephanie Leach

Abstract

This 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.

Suggested Citation

  • Carlos Pestana Barros & Stephanie Leach, 2007. "Technical efficiency in the English Football Association Premier League with a stochastic cost frontier," Applied Economics Letters, Taylor & Francis Journals, vol. 14(10), pages 731-741.
  • Handle: RePEc:taf:apeclt:v:14:y:2007:i:10:p:731-741
    DOI: 10.1080/13504850600592440
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    Citations

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    Cited by:

    1. Halkos, George & Tzeremes, Nickolaos, 2011. "Applying conditional DEA to measure football clubs’ performance: Evidence from the top 25 European clubs," MPRA Paper 31278, University Library of Munich, Germany.
    2. Fiona Carmichael & Dennis Thomas, 2014. "Team performance: production and efficiency in football," Chapters,in: Handbook on the Economics of Professional Football, chapter 10, pages 143-165 Edward Elgar Publishing.
    3. Halkos, George & Tzeremes, Nickolaos, 2011. "A non-parametric analysis of the efficiency of the top European football clubs," MPRA Paper 31173, University Library of Munich, Germany.
    4. Kostas Kounetas, 2014. "Greek football clubs’ efficiency before and after Euro 2004 Victory: a bootstrap approach," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 22(4), pages 623-645, December.
    5. repec:kap:jproda:v:48:y:2017:i:1:d:10.1007_s11123-017-0508-4 is not listed on IDEAS
    6. Lérida Navarro, Carlos, 2015. "Una visión de la eficiencia productiva en el Mundial de Brasil 2014. ¿Ganó la selección más eficiente?/A Productive Efficiency Vision of the Brazil World Cup 2014. Did it Win the More Efficient Team?," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 33, pages 319-342, Enero.
    7. Ozmen M. Utku, 2012. "Foreign Player Quota, Experience and Efficiency of Basketball Players," Journal of Quantitative Analysis in Sports, De Gruyter, vol. 8(1), pages 1-18, March.
    8. Francisco González Gómez & Andrés J. Picazo Tadeo, 2008. "Can we be satisfied with our football team? Evidence from spanish professional football," ThE Papers 08/11, Department of Economic Theory and Economic History of the University of Granada..
    9. Andrés Picazo-Tadeo & Francisco González-Gómez, 2010. "Does playing several competitions influence a team’s league performance? Evidence from Spanish professional football," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 18(3), pages 413-432, September.
    10. G. Sav, 2012. "Stochastic Cost Frontier and Inefficiency Estimates of Public and Private Universities: Does Government Matter?," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 18(2), pages 187-198, May.
    11. Halkos, George & Tzeremes, Nickolaos, 2012. "Evaluating professional tennis players’ career performance: A Data Envelopment Analysis approach," MPRA Paper 41516, University Library of Munich, Germany.
    12. repec:kap:iaecre:v:18:y:2012:i:2:p:187-198 is not listed on IDEAS
    13. Carlos Pestana Barros & Julio del Corral & Pedro Garcia-del-Barrio, 2008. "Identification of Segments of Soccer Clubs in the Spanish League First Division With a Latent Class Model," Journal of Sports Economics, , vol. 9(5), pages 451-469, October.
    14. Barros, Carlos Pestana & Garcia-del-Barrio, Pedro, 2008. "Efficiency measurement of the English football Premier League with a random frontier model," Economic Modelling, Elsevier, vol. 25(5), pages 994-1002, September.

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