A Two-Stage Double Bootstrap DEA: The Case of the Top 25 European Football Clubs' Efficiency Levels

dc.creator	Halkos, G. E.	en
dc.creator	Tzeremes, N. G.	en
dc.date.accessioned	2015-11-23T10:29:49Z
dc.date.available	2015-11-23T10:29:49Z
dc.date.issued	2013
dc.identifier	10.1002/mde.2597
dc.identifier.issn	1436570
dc.identifier.uri	http://hdl.handle.net/11615/28405
dc.description.abstract	This paper analyzes how European football clubs' current value and debt levels influence their performance. The Simar and Wilson (J Econometrics, 136: 31-64, 2007) procedure is used to bootstrap the data envelopment analysis scores in order to establish the effect of football clubs' current value and debt levels on their obtained efficiency scores. The results reveal that football clubs' current value levels have a negative influence on their performances, indicating that football clubs' high value does not ensure higher performance. At the same time, the empirical evidence suggests that football clubs' debt levels do not influence their efficiency levels. © 2012 John Wiley & Sons, Ltd.	en
dc.source	Managerial and Decision Economics	en
dc.source.uri	http://www.scopus.com/inward/record.url?eid=2-s2.0-84873998656&partnerID=40&md5=689965d9a86a630f50cf103bf08679f8
dc.title	A Two-Stage Double Bootstrap DEA: The Case of the Top 25 European Football Clubs' Efficiency Levels	en
dc.type	journalArticle	en

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