Managerial Efficiency in German Top League Soccer: A Stochastic Frontier Analysis of Club Performances on and Off the Pitch

31 Pages Posted: 12 Mar 2003

See all articles by Markus Kern

Markus Kern

Ludwig-Maximilians-Universität München - Department of Business Administration

Bernd Süssmuth

University of Leipzig; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: February 2003

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.

JEL Classification: L83, C21, D24

Suggested Citation

Kern, Markus and Süssmuth, Bernd, Managerial Efficiency in German Top League Soccer: A Stochastic Frontier Analysis of Club Performances on and Off the Pitch (February 2003). Available at SSRN: https://ssrn.com/abstract=380301 or http://dx.doi.org/10.2139/ssrn.380301

Markus Kern (Contact Author)

Ludwig-Maximilians-Universität München - Department of Business Administration ( email )

Schackstrasse 4
D-80539 Munchen
Germany
+49 89 2180 2145 (Phone)
+49 89 2180 99 2145 (Fax)

Bernd Süssmuth

University of Leipzig ( email )

IEW Institute for Empirical Research in Economics
Grimmaische Str. 12
Leipzig, D-04109
Germany
+49 341 97 33782 (Phone)
+49 341 97 33789 (Fax)

HOME PAGE: http://www.wifa.uni-leipzig.de/iew/professur-oekonometrie/team/prof-dr-bernd-suessmuth.html

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

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