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Who Wins the Olympic Games: Economic Resources and Medal Totals

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Author Info
Andrew B. Bernard (Tuck School of Business at Dartmouth and National Bureau of Economic Research)
Meghan R. Busse (Haas School of Business, UC Berkeley)

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Abstract

This paper examines determinants of Olympic success at the country level. Does the United States win its fair share of Olympic medals? Why does China win only 6% of the medals even though it has one-fifth of the world's population? We consider the role of population and economic resources in determining medal totals from 1960 to 1996. At the margin, population and income per capita have similar effects, suggesting that both a large population and high per capita GDP are needed to generate high medal totals. We also provide out-of-sample predictions for the 2000 Olympics in Sydney. Copyright (c) 2004 President and Fellows of Harvard College and the Massachusetts Institute of Technology.

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File URL: http://www.mitpressjournals.org/doi/pdfplus/10.1162/003465304774201824
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Publisher Info
Article provided by MIT Press in its journal Review of Economics and Statistics.

Volume (Year): 86 (2004)
Issue (Month): 1 (December)
Pages: 413-417
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Handle: RePEc:tpr:restat:v:86:y:2004:i:1:p:413-417

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  1. Clerides, Sofronis & Stengos, Thanasis, 2006. "Love thy Neighbour, Love thy Kin: Strategy and Bias in the Eurovision Song Contest," CEPR Discussion Papers 5732, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  2. Eva Marikova Leeds & Michael A. Leeds, 2007. "International Soccer Success and National Institutions," Working Papers 0702, International Association of Sports Economists. [Downloadable!]
  3. Loek Groot, 2008. "The Contest for Olympic Succes as a Public Good," Working Papers 08-34, Utrecht School of Economics. [Downloadable!]
  4. Peter Macmillan & Ian Smith, 2006. "Explaining International Soccer Rankings," CRIEFF Discussion Papers 0612, Centre for Research into Industry, Enterprise, Finance and the Firm. [Downloadable!]
  5. Joshua Aizenman & Ilan Noy, 2007. "Prizes for basic research: Human capital, economic might and the shadow of history," Journal of Economic Growth, Springer, vol. 12(3), pages 261-282, September. [Downloadable!] (restricted)
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  6. Sofronis Clerides & Thanasis Stengos, 2006. "Love thy Neighbor, Love thy Kin: Voting Biases in the Eurovision Song Contest," University of Cyprus Working Papers in Economics 1-2006, University of Cyprus Department of Economics. [Downloadable!]
  7. yamamura, eiji, 2008. "Effect of Linguistic Heterogeneity on Technology Transfer: An Economic Study of FIFA Football Rankings," MPRA Paper 10305, University Library of Munich, Germany. [Downloadable!]
  8. Loek Groot, 2007. "The Welfare Optimal Distribution of Olympic Success Considered as a Public Good," Working Papers 07-13, Utrecht School of Economics. [Downloadable!]
  9. Glen Roberts, 2006. "Accounting for Achievement in Athens: A Count Data Analysis of National Olympic Performance," Econometrics Working Papers 0602, Department of Economics, University of Victoria. [Downloadable!]
  10. Benno Torgler, 2004. "‘La Grande Boucle’: Determinants of Success at the Tour de France," CREMA Working Paper Series 2004-22, Center for Research in Economics, Management and the Arts (CREMA), revised May 2005. [Downloadable!]
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