Abstract
This article analyses technical efficiency of football clubs in the Spanish Football League Division 1 (Primera Liga) from the seasons 1995–1996 to 2004–2005 with an unbalanced panel data. The random frontier model is used, allowing the identification of random variables in the cost frontier. It is concluded that the price of capital investment, the number of points won and attendance are heterogeneous variables. Therefore, no common public policy aiming to improve efficiency can embrace all of the clubs, so that policies by clusters are required.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
