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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...
Persistent link: https://www.econbiz.de/10005468227
This paper uses data envelopment analysis (DEA) to evaluate the performance of English Premier League football clubs from 1998/99 to 2002/03 combining sport and financial variables. The paper evaluates how close the clubs are relative to the frontier of best practices, analysing how they manage...
Persistent link: https://www.econbiz.de/10005282716
This article analyses technical efficiency of football clubs in the Spanish Football League Division 1 (Primera Liga) from the seasons 1995-1996 to 2004-2005 with an unbalanced panel data. The random frontier model is used, allowing the identification of random variables in the cost frontier. It...
Persistent link: https://www.econbiz.de/10008466800
type="main" xml:id="sjpe12065-abs-0001" <title type="main">Abstract</title> <p>In the US, most economists argue that professional sports teams are profit-maximising businesses, but it is a widely held view in Europe that professional football clubs are not run on a profit-maximising basis. This belief has important...</p>
Persistent link: https://www.econbiz.de/10011153354
This paper examines the relationship between the demand for English football on television and outcome uncertainty. It tests the uncertainty of outcome hypothesis by using minute-by-minute television viewership figures which avoids the problems encountered when estimating demand using match...
Persistent link: https://www.econbiz.de/10005731663
It has traditionally been argued that the organizer of a sports league would prefer more competitive balance to the level that emerges in a noncooperative equilibrium. This argument has been used to justify restraints on competition between teams, which also tend to raise profits at the expense...
Persistent link: https://www.econbiz.de/10005731676
This paper examines the relationship between the demand for English football on television and outcome uncertainty. It tests the uncertainty of outcome hypothesis by using minute-by-minute television viewership figures which avoids the problems encountered when estimating demand using match...
Persistent link: https://www.econbiz.de/10010615274
This paper analyses technical efficiency of European banks over the period 1996-2003 with unbalanced panel data techniques. A latent class frontier model is used which allows the identification of different segments in the production frontier. We find that there are three statistically...
Persistent link: https://www.econbiz.de/10005405964
This paper seeks to analyse the relationship between wages and education at a European level, using a quantile regression in order to be able to extend the study along the whole wage distribution. This analysis is carried out for a sample of 14 European countries (Austria, Belgium, Denmark,...
Persistent link: https://www.econbiz.de/10005452411
Most searchers performing unit root tests on terrorism series reject the null hypothesis of unit roots (I(1)) and conclude that terrorism is stationary (I(0)). In this paper we analyze ETA activity in Spain during the last 30 years by means of examining its degree of dependence across time,...
Persistent link: https://www.econbiz.de/10005462802