Management Efficiency in Football: An Empirical Analysis of Two Extreme Cases

TitleManagement Efficiency in Football: An Empirical Analysis of Two Extreme Cases
Publication TypeJournal Article
Year of Publication2015
AuthorsJara, M, Paolini, D, Tena, JD
JournalManagerial and Decision Economics
Volume36
Issue5
Pagination286–298
Abstract

Analysis of managerial efficiency in sport economics typically focuses on evaluating coach decisions instead of assessing the organization as a whole. This paper studies the relative importance of variables related to power and managerial decisions by estimating stochastic production frontiers models for the Chilean and Italian football leagues. We find that historical and geographical variables intended to capture market size play their expected roles in both Italy and Chile. However, the degree of technical inefficiency is lower magnitude in Chile. This difference could be due to a smaller market size and/or to financial constraints faced by small clubs in this country. 

URLhttp://onlinelibrary.wiley.com/doi/10.1002/mde.2668/abstract
DOI10.1002/mde.2668