Melike Yılmaz, Çağlar Aksezer and Tankut Atan
This paper aims to investigate how predictions of football league standings and efficiency measures of teams, obtained through frontier estimation technique, evolve compared to…
Abstract
Purpose
This paper aims to investigate how predictions of football league standings and efficiency measures of teams, obtained through frontier estimation technique, evolve compared to actual results.
Design/methodology/approach
The study is based on data from the Turkish first division football league. Historical data for five seasons, from 2011 to 2016, are used to compare weekly estimates to de facto results. Data envelopment analysis efficiency measures are used to estimate team performances. After each week, a data envelopment analysis is run using available data until then, and final team standings are estimated via computed efficiencies. Estimations are improved by using a data envelopment analysis model that incorporates expert knowledge about football.
Findings
Results indicate that deductions can be made about the league’s future progress. Model incorporating expert knowledge tends to estimate the performance better. Although the prediction accuracy starts out low in early stages, it improves as the season advances. Scatter of individual teams’ performances show fluxional behaviour, which attracts studying the impact of uncontrollable factors such as refereeing.
Originality/value
While all previous studies focus on season performance, this study handles the problem as a combination of weekly performance and how it converges to reality. By tracking weekly performance, managers get a chance to confront their weak performance indicators and achieve higher ranking by improving on these inefficiencies.
Details
Keywords
Melike Sak, Alhamzah Alnoor, Marco Valeri and Gül Erkol Bayram
M. Kabir Hassan, Hasan Kazak, Melike Buse Akcan and Hasan Azazi
The purpose of this study is to determine whether the Ottoman Empire’s net interest payments and foreign debt were sustainable or not in terms of their burden on budget revenues…
Abstract
Purpose
The purpose of this study is to determine whether the Ottoman Empire’s net interest payments and foreign debt were sustainable or not in terms of their burden on budget revenues, using the method of historical econometric analysis.
Design/methodology/approach
In this study, the period between 1847 and 1882 of the Ottoman Empire is analyzed for sustainability analysis. Within the framework of the study, unit root tests and econometric analysis methods frequently used in the literature were used to analyze the sustainability of public debt. In the econometric analysis, in addition to various unit root tests, current econometric analysis methods, in particular Fourier expansion, were also used.
Findings
The results of econometric analyses showed that the burden of interest payments and foreign debt on the budget of the Ottoman state was unsustainable. This situation clearly shows the reason for the official bankruptcy of the Ottoman Empire, which was declared in 1875.
Practical implications
Although this study reveals the bankruptcy process of an important structure such as the Ottoman Empire in the historical process through econometric analyses, it also gives a very important message to today’s states. Accordingly, today’s state policies and decision-making mechanisms should take these results into account and strive to make the burden of public interest payments sustainable. It is believed that the study will shed light on the public finance policies of today’s states by drawing lessons from the collapse process of the Ottoman state.
Originality/value
Unlike the historical assessments in the literature on the decline of the Ottoman Empire, this study presents a cliometric approach by applying current econometric analysis techniques to past historical data. The study explains the unsustainability of the Ottoman Empire’s interest payments and external debt burden in the period under consideration in a way that, to the best of the authors’ knowledge, has not been done before.
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Keywords
Halil İbrahim Çelik, İbrahim Halil Tekin, Perihan Tekin, Ali Çağlayan and Serdar Saycan
In this study, both flame retardancy and sustainability properties were combined in the chenille yarn so that functional and sustainable upholstery fabrics can be produced with…
Abstract
Purpose
In this study, both flame retardancy and sustainability properties were combined in the chenille yarn so that functional and sustainable upholstery fabrics can be produced with optimum energy consumption. The chenille yarn samples were produced from recycled polyester (rPET)-blended binder yarns and fully drawn yarn (FDY) polyester pile yarn. While the pile component of the chenille samples was kept constant, the lock yarns were manufactured as 50% r-PET-50% virgin polyester (PES), 100% r-PET and 100% PES. The binder yarns were also produced in two groups. In the first group, a 2-passage draw frame was used, while a 3-passage draw frame was used in the second group. The chenille yarn samples were applied flame-retardant (FR) finishing.
Design/methodology/approach
The knitted upholstery fabric samples were produced from chenille yarn samples via flat knitting machines. The knitted fabrics were applied flame retardancy, bursting strength and abrasion resistance tests according to related standards.
Findings
The test results were analysed, and so the effect of r-PET ratio and draw frame passage number on upholstery fabric flame retardancy, bursting strength and abrasion resistance performance properties were revealed. It was concluded that the number of draw frame passages and the recycled fibre content have no important effect on the flame retardancy. On the other hand, it has been observed that the bursting strength decreases as the recycled fibre content increases and bursting distention results are close to each other. It was seen that the draw frame passage number has no significant effect on both bursting strength and distention. It was revealed that both r-PET fibre content and draw frame passage number have significant effect on abrasion resistance. The samples with 2 draw frame passages provide higher abrasion resistance compared to those with 3 draw frame passage. The lowest abrasion resistance was obtained with 100% r-PET fibre content and the highest abrasion resistance was obtained with 50% r-PET-50% PES.
Originality/value
The results will provide enough knowledge for sustainable chenille yarn design. The recycled fibre content and draw frame passage number can be optimised, and so sustainable chenille yarns can be produced with less energy consumption. Future studies will involve producing chenille yarns with different linear densities and varying draw frame combinations, such as 1, 2 and 3 passages.