Identification of Segments of Soccer Clubs in the Spanish League First Division with a Latent Class Model
JOURNAL
YEAR
Sep 21, 2008
TYPE
Articles in journals
AUTHORS
Barros, C., Del Corral, J., Garcia del Barrio, P.
VOL Nº
9
PAGES
18
ABSTRACT
This paper identifies different groups in a cost function framework of soccer clubs in the Spanish Football League First Division. In particular, we have clustered the sample - comprising data for seasons 1994/95 to 2004/05 - into three groups. To do so, we have implemented a stochastic frontier latent class model, a procedure that also permits us to analyze also the efficiency of the clubs with respect to their own frontiers. The results reveal that some of the clubs could improve their efficiency levels substantially.
JEL CLASS
KEYWORDS
Cost efficiency,latent class model,soccer ,stochastic frontier