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Men, Money, And Medals: An Econometric Analysis Of The Olympic Games

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Author Info
Hon-Kwong Lui
Wing Suen

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Abstract

Population size and the level of income per capita are major determinants of the number of medals won by a country in the 1952-2004 Olympic Games. A parsimonious count (Poisson) model fits the data very well: the squared correlation between the predicted value of the number of medals won and the observed value is about 56%. There exist strong country-specific effects in Olympic medals results. While the USA and China tend to outperform other countries relative to their size and income, the Asian dragons tend to under-perform in the Games. Copyright 2008 The Authors
Journal compilation 2008 Blackwell Publishing Ltd

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1468-0106.2007.00386.x
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Article provided by Blackwell Publishing in its journal Pacific Economic Review.

Volume (Year): 13 (2008)
Issue (Month): 1 (02)
Pages: 1-16
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Handle: RePEc:bla:pacecr:v:13:y:2008:i:1:p:1-16

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This page was last updated on 2009-11-25.

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