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Abstract
This study applies stochastic frontier analytic techniques in the estimation of sporting production functions. As ex ante input factors, we use pre-seasonal 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. While in the case of athletic output we find a robust pattern of technical efficiency over subsequent seasons, the estimates based on economic output highlight the instability of the German soccer industry.
| Dokumententyp: | Paper |
|---|---|
| Keywords: | soccer economics ; sporting production function ; stochastic frontier |
| Fakultät: | Volkswirtschaft
Volkswirtschaft > Munich Discussion Papers in Economics Volkswirtschaft > Munich Discussion Papers in Economics > Mikroökonomik Volkswirtschaft > Munich Discussion Papers in Economics > Industrieökonomik |
| Themengebiete: | 300 Sozialwissenschaften > 300 Sozialwissenschaft, Soziologie
300 Sozialwissenschaften > 330 Wirtschaft |
| JEL Classification: | L83, C21, D24 |
| URN: | urn:nbn:de:bvb:19-epub-5-8 |
| Sprache: | Englisch |
| Dokumenten ID: | 5 |
| Datum der Veröffentlichung auf Open Access LMU: | 13. Apr. 2005 |
| Letzte Änderungen: | 04. Nov. 2020, 15:04 |
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