Affiliation:
1. Technical University of Lisbon,
2. Imperial College London
Abstract
This article uses an econometric frontier model to evaluate the performance of football clubs present in the English F.A. Premier League from 1998-1999 to 2002-2003, combining sport and financial variables. A stochastic Cobb-Douglas production frontier model is used to generate football club efficiency scores. We conclude that the price of labour, the price of capital players the price of capital stadium, points gained, attendance, and turnover all play a major role in football efficiency and find that the efficiency scores are mixed.
Subject
Economics, Econometrics and Finance (miscellaneous)
Cited by
45 articles.
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