Productivity drivers and market dynamics in the Spanish first division football league |
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| Authors: | Carlos Pestana Barros Pedro Garcia-del-Barrio |
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| Institution: | (1) ISEG, School of Economics and Management, Technical University of Lisbon and UECE (Research Centre on Complexity and Economics), Rua Miguel Lupi, 20, 1249-078 Lisbon, Portugal;(2) Universitat Internacional de Catalunya, c/Immaculada 22, 08017 Barcelona, Spain |
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| Abstract: | This paper analyses efficiency drivers of a representative sample of Spanish football clubs by means of the two-stage data
envelopment analysis (DEA) procedure proposed by Simar and Wilson (J Econ, 136:31–64, 2007). In the first stage, the technical
efficiency of football clubs is estimated using a bootstrapped DEA model in order to establish which of them are the most
efficient; the ranking is based on total productivity in the period 1996–2004. In the second stage, the Simar and Wilson (J
Econ, 136:31–64, 2007) procedure is used to bootstrap the DEA scores with a truncated bootstrapped regression. Policy implications
of the main findings are also considered. |
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