In recent years, Spanish municipal authorities have been devoting important amounts of their resources to financing the construction and maintenance of sports facilities. However, the current financial climate has led to a decrease in the resources available, while demand by citizens has continued to grow. Management must therefore become more efficient if quality services are to continue to be offered. Analysis of the factors that affect efficiency of local entities provides important strategic information. A twostage double bootstrap procedure was used to estimate the efficiency...Read more
