Management efficiency in football: an empirical analysis of two extreme cases Articles uri icon

authors

  • JARA SANTAMERA, MIGUEL ANGEL
  • Paolini, Dimitri
  • TENA HORRILLO, JUAN DE DIOS

publication date

  • July 2015

start page

  • 286

end page

  • 298

issue

  • 5

volume

  • 36

international standard serial number (ISSN)

  • 0143-6570

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