Who is the greatest team in Liga MX? A dynamic analysis

In this paper, we conduct a statistical procedure to respond a very frequent question in Mexican sport media TV: Who is the greatest team in Liga MX? For this purpose, we apply Principal Components to a historical domestic and international results database along with variables related to the fans...

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Main Authors: Francisco Corona, Nelson Muriel, Jesús López-Pérez
Format: Article
Language:English
Published: El Colegio de México, A.C. 2023-07-01
Series:Estudios Económicos
Subjects:
Online Access:https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/442
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author Francisco Corona
Nelson Muriel
Jesús López-Pérez
author_facet Francisco Corona
Nelson Muriel
Jesús López-Pérez
author_sort Francisco Corona
collection DOAJ
description In this paper, we conduct a statistical procedure to respond a very frequent question in Mexican sport media TV: Who is the greatest team in Liga MX? For this purpose, we apply Principal Components to a historical domestic and international results database along with variables related to the fans and the market value of the franchises’ roster from 2011-2019. The results allow us to analyze the evolution of the “greatness” latent variable over time, concluding that, in the window of time analyzed, Club América is the greatest team, followed by C.D. Guadalajara and C.F. Cruz Azul. Additionally, nowadays, Club Tigres de la Universidad Autónoma de Nuevo León and C.F. Monterrey displace teams like Deportivo Toluca F.C. and Club Universidad Nacional.
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spelling doaj.art-639e416b1fc443458296a07a120429872023-07-21T09:09:48ZengEl Colegio de México, A.C.Estudios Económicos0188-69160186-72022023-07-0138210.24201/ee.v38i2.442Who is the greatest team in Liga MX? A dynamic analysisFrancisco Corona0Nelson Muriel1Jesús López-Pérez2Instituto Nacional de Estadística y GeografíaUniversidad IberoamericanaInstituto Nacional de Estadística y Geografía In this paper, we conduct a statistical procedure to respond a very frequent question in Mexican sport media TV: Who is the greatest team in Liga MX? For this purpose, we apply Principal Components to a historical domestic and international results database along with variables related to the fans and the market value of the franchises’ roster from 2011-2019. The results allow us to analyze the evolution of the “greatness” latent variable over time, concluding that, in the window of time analyzed, Club América is the greatest team, followed by C.D. Guadalajara and C.F. Cruz Azul. Additionally, nowadays, Club Tigres de la Universidad Autónoma de Nuevo León and C.F. Monterrey displace teams like Deportivo Toluca F.C. and Club Universidad Nacional. https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/442financial variablesfootballgreatnesspopularityprincipal components analysis
spellingShingle Francisco Corona
Nelson Muriel
Jesús López-Pérez
Who is the greatest team in Liga MX? A dynamic analysis
Estudios Económicos
financial variables
football
greatness
popularity
principal components analysis
title Who is the greatest team in Liga MX? A dynamic analysis
title_full Who is the greatest team in Liga MX? A dynamic analysis
title_fullStr Who is the greatest team in Liga MX? A dynamic analysis
title_full_unstemmed Who is the greatest team in Liga MX? A dynamic analysis
title_short Who is the greatest team in Liga MX? A dynamic analysis
title_sort who is the greatest team in liga mx a dynamic analysis
topic financial variables
football
greatness
popularity
principal components analysis
url https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/442
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AT jesuslopezperez whoisthegreatestteaminligamxadynamicanalysis