Cost performance of Brazilian soccer clubs: A Bayesian varying efficiency distribution model

被引：15
作者：
Barros, Carlos Pestana [1 ,2 ]
Assaf, A. George [3 ]
de Araujo, Ari Francisco, Jr. [4 ]
机构：
[1] Univ Tecn Lisbon, Inst Super Econ Gestao, P-1249078 Lisbon, Portugal
[2] UECE, Res Unit Complex & Econ, Lisbon, Portugal
[3] Univ Massachusetts, Isenberg Sch Management, Amherst, MA 01003 USA
[4] Ibmec Minas Gerais, Dept Econ, Belo Horizonte, MG, Brazil
来源：
ECONOMIC MODELLING | 2011年 / 28卷 / 06期
关键词：
Soccer; Brazil; Cost efficiency; Bayesian VED model; STOCHASTIC FRONTIER MODELS; MANAGERIAL EFFICIENCY; FOOTBALL-LEAGUE; PREMIER LEAGUE; ASSOCIATION; INDUSTRY;
D O I：
10.1016/j.econmod.2011.08.002
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper analyzes the cost efficiency of Brazilian first league soccer clubs using a Bayesian Varying Efficiency Distribution (VED) model. We confirm that the model fits the data well with all coefficients correctly signed and in line with the theoretical requirements. From the efficiency results, it was clear that the Brazilian soccer league operates at a lower performance in comparison to other international soccer leagues. Factors which contributed to this finding as well as other policy implications are provided. (C) 2011 Elsevier B.V. All rights reserved.
引用
收藏
页码：2730 / 2735
页数：6
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