Identification of Segments of Soccer Clubs in the Spanish League First Division with a Latent Class Model Comments

Young Hoon Lee

Journal of Sports Economics, 2009, vol. 10, issue 6, 651-659

Abstract: In this brief commentary, I critically evaluate the empirical application of the stochastic frontier latent class model to panel data of the Spanish Football League presented in an article by Barros, Corral, and Garcia-del-Barrio, published in a previous issue of this journal. Errors from the selection of input price variable to the interpretation of the cost function estimates are discussed, and empirical evidence that their estimates are not consistent to basic microeconomic theories is presented.

Keywords: stochastic frontier models; production functions; team efficiency (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jospec:v:10:y:2009:i:6:p:651-659

DOI: 10.1177/1527002509337498

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