The Brazilian Soccer Championship: an efficiency analysis |
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Authors: | Carlos Pestana Barros Otávio Figueiredo |
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Affiliation: | 1. ISEG-ULisboa, 1249-078 Lisbon, Portugal;2. COPPEAD Graduate Business School, Federal University of Rio de Janeiro, Rio de Janeiro, Brazil |
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Abstract: | This article analyses the top Brazilian football league from 2003 to 2011 by estimating a cost function and using a stochastic frontier model. Among the covariates, the number of fans per club and club remoteness is taken into account. The Brazilian clubs are then ranked according to their technical efficiency during the 2000–2011 period. Based on the results, the policy implication is presented, and the economic implications arising from the study are also considered. |
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Keywords: | Brazil top football league stochastic frontier model efficiency |
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