Managerial Efficiency in German Top League Soccer: An Econometric Analysis of Club Performances On and Off the Pitch
This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex-ante input factors, we use preseasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex-post pecuniary revenues an...
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| Veröffentlicht in: | German economic review (Oxford) 2005-11, Vol.6 (4), p.485-506 |
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| creator | Kern, Markus Süssmuth, Bernd |
| description | This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex-ante input factors, we use preseasonal estimates of wage bills of players and coaches that are transformed during the production process of a season into ex-post pecuniary revenues and sporting success. In the case of athletic output we find a robust pattern of technical efficiency over subsequent seasons. Estimates based on economic output, however, do not support an efficiency model. A significant inter-seasonal change in overall technical productivity rather highlights the economic instability of the German soccer industry. |
| doi_str_mv | 10.1111/j.1468-0475.2005.00143.x |
| format | Article |
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| ispartof | German economic review (Oxford), 2005-11, Vol.6 (4), p.485-506 |
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| language | eng |
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| source | Wiley Online Library Journals Frontfile Complete; De Gruyter journals |
| subjects | Business management Business studies C21 D24 Econometrics Economic performance Efficiency Estimating techniques Football Germany Human capital Job performance L83 Leisure economics Management styles Production functions Professional soccer Senior management sporting production function stochastic frontier Stochastic models Studies |
| title | Managerial Efficiency in German Top League Soccer: An Econometric Analysis of Club Performances On and Off the Pitch |
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