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Abstract
This study examines the Total Factor Productivity evolution of Spanish First Division Soccer teams employing the values of the Malmquist Index. The football seasons from 1998 to 2004 are used as the time horizon. The breakdown of the two components of the Malmquist Index Values (efficiency change and technical change) enable one to understand the influence of these factors on productivity and conclusions can be drawn about the relationship between the values of efficiency and the playing field strategy adopted by the analysed teams.
Acknowledgements
This study has been undertaken within the framework of the CREVALOR research group. It has been funded by Project SEJ2005-07341, financed by the Spanish Ministry of Education and Science and FEDER. The authors are grateful to Víctor Muñoz for his helpful observations.