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

Barros, Carlos Pestana; Assaf, A. George; Junior, Ari Francisco de Araujo

doi:10.1016/j.econmod.2011.08.002

Cited by 16 publications

(8 citation statements)

References 34 publications

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“…One possible explanation for this phenomenon may be in repatriations of athletes who were abroad and hiring athletes from other countries in South America, which increased the expenses and liabilities of the clubs in these two axes. This finding is also divergent with that of Barros, Assaf and Araujo Junior (2011) and Barros, Wanke and Figueiredo (2015) indicating a positive association efficiency with clubs in the metropolitan area and clubs in Rio-São Paulo, respectively.…”

Section: Resultscontrasting

confidence: 70%

Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis

Barbosa¹,

Dantas²,

Azevedo³

et al. 2017

BBR

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The objective of this study is to structure an indicator of dynamic efficiency focused on fiscal responsibility strategy of Brazilian football clubs and explain the concept of efficiency by the market structure and sports performance. Our main contribution to the previous empirical literature is the utilization of an additive model for temporal series called the Dynamic Slack Based Model. We estimated the inter-temporal efficiency of 25 football clubs of a balanced panel data that span the period 2010-2014. The results showed that the dynamic efficiency of the Brazilian football clubs is, on average, 80.62%. Finally, the results shown in the explanatory model suggest that the features of market structure and sporting factors have positive and significant associations with dynamic efficiency such as the size of the club, participation in the "Libertadores" Cup, access to a higher division and relegation to a lower division.

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Section: Resultscontrasting

confidence: 70%

Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis

Barbosa¹,

Dantas²,

Azevedo³

et al. 2017

BBR

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“…A number of points emerge from the present study. First, similar to previous research on sports clubs with stochastic frontier models, Barros et al (2011) show significant differences in efficiency are prevalent among Italian football clubs. The efficient score is between zero (0% efficiency) and 1 (100% efficiency).…”

Section: Efficiency Scoressupporting

confidence: 83%

“…Moreover the use of the Marketing and Sponsor variable is a distinctive aspect of this research and its use permits a look at its interaction. Furthermore, this paper is comparable with all other stochastic cost frontier models such Barros et al (2011), who adopted a Bayesian stochastic cost frontier model, Barros and Garcia-del-Barrio (2008A) who adopted a latent stochastic cost frontier model, Barros and Leach (2006b) and Barros and Garcia-del-Barrio (2008b) who adopted a random stochastic cost frontier model. This paper is innovative in two distinct ways: for the stochastic cost frontier adopted and for the use of Marketing and Sponsor variable.…”

Section: Discussionsupporting

confidence: 63%

Cost performance of Italian football clubs: analysing the role of marketing and sponsorship

Barros

Scafarto²,

Samagaio³

2014

International Journal of Sports Marketing and Sponsorship

Self Cite

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This paper analyses the cost efficiency of Italian football clubs using a stochastic frontier model. The frontier estimation confirmed that the model fits the data well with all coefficients correctly signed and in line with the theoretical requirements. Marketing and Sponsorship is taken into account as an explanatory variable and the factors which contributed to these findings, as well as other policy implications, are provided.

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“…The two main kinds of efficiency measurement approaches that have been applied to sports in the literature are econometric or parametric approaches, such as stochastic frontier analysis (SFA), and nonparametric approaches, such as DEA (Barros et al., 2011). By applying these approaches, researchers have conducted many studies on efficiency measurement in sports such as the Olympics (e.g., Li et al., 2015, 2020), the National Football League (e.g., Hadley et al., 2000; Collier et al., 2011; Santín, 2014; Villa and Lozano, 2016), Major League Baseball (e.g., Lewis et al., 2009), English Premier League soccer (e.g., Barros and Leach, 2006a, 2006b, 2007), and the NBA (e.g., Zak et al., 1979; Hoefler and Payne, 1997, 2006; Moreno and Lozano, 2014; Chen et al., 2017; Villa and Lozano, 2018; Zhu et al., 2019; Yang et al., 2020).…”

Section: Literature Reviewmentioning

confidence: 99%

Identifying standards for postseason advancement: a case of the National Basketball Association

Chen

Liao

2020

Int Trans Operational Res

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This paper identifies a standard for postseason advancement and predicts whether a team will advance when criteria are known but requirements are undetermined. A frontier function for advancing teams is constructed based on their past statistics of influential performance factors. The difference between a team's performance and the frontier function indicates whether a team will advance. The importance of each performance factor and team efficiency (TE) after a certain number of regular‐season games is identified. The ratio of a team's actual winning percentage to its highest winning percentage indicates the in‐season TE. Data from advancing teams in the National Basketball Association (NBA) over 11 years are collected. The difference between the Eastern Conference and the Western Conference and the changes in NBA playing styles are analyzed. The results predict whether stakeholders’ teams will advance and provide managers and coaches a metric to measure the optimal performance and direction of improvement.

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

Cited by 16 publications

References 34 publications

Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis

Fiscal Responsibility Strategy in Brazilian Football Clubs: A Dynamic Efficiency Analysis

Cost performance of Italian football clubs: analysing the role of marketing and sponsorship

Identifying standards for postseason advancement: a case of the National Basketball Association

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