Halkos, George and Tzeremes, Nickolaos (2011): A non-parametric analysis of the efficiency of the top European football clubs.
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This paper analyses how European football clubs’ current value and debt levels influence their performance. The Simar and Wilson (J Econometrics, 136: 31–64, 2007) procedure is used to bootstrap the data envelopment analysis DEA scores in order to establish the influence of football clubs’ current value and debt levels on their obtained efficiency performances. The results reveal that football clubs’ current value levels have a negative influence on their performances, indicating that football clubs’ high value doesn’t ensure higher performance. At the same time, the empirical evidence suggests that there is no influence associated of football clubs’ debt to their efficiency levels.
|Item Type:||MPRA Paper|
|Original Title:||A non-parametric analysis of the efficiency of the top European football clubs|
|Keywords:||European football clubs; Data Envelopment Analysis; Truncated regression; Bootstrapping|
|Subjects:||C - Mathematical and Quantitative Methods > C6 - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling > C69 - Other
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C14 - Semiparametric and Nonparametric Methods: General
L - Industrial Organization > L8 - Industry Studies: Services > L83 - Sports; Gambling; Recreation; Tourism
|Depositing User:||Nickolaos Tzeremes|
|Date Deposited:||29. May 2011 14:45|
|Last Modified:||13. Feb 2013 12:43|
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