A non-parametric analysis of the efficiency of the top European football clubs

George Halkos and Nickolaos Tzeremes

MPRA Paper from University Library of Munich, Germany

Abstract: 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.

Keywords: European football clubs; Data Envelopment Analysis; Truncated regression; Bootstrapping (search for similar items in EconPapers)
JEL-codes: C14 C69 L83 (search for similar items in EconPapers)
Date: 2011-05
New Economics Papers: this item is included in nep-cse, nep-eff, nep-eur, nep-lab and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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