Productivity drivers and market dynamics in the Spanish first division football league

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• 作者：Carlos Pestana Barros (1) cbarros@iseg.utl.pt
  Pedro Garcia-del-Barrio (2) pgarcia@cir.uic.es
• 关键词：Spanish football clubs &#8211 ; Data envelopment analysis &#8211 ; Truncated regression &#8211 ; Bootstrapping
• 刊名：Journal of Productivity Analysis
• 出版时间：February 2011
• 出版年：2011
• 期刊代码：12_0895562X
• 类别：eco
• 卷：35
• 期：1
• 页码：5-13
• 数据来源：sp

摘要

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.