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Globalization and the Rate of Technological Progress: What Track and Field Records Show

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Author Info

  • Lalith Munasinghe
  • Brendan O'Flaherty
  • Stephan Danninger

Abstract

The past century and a quarter has seen frequent improvements in track and field records. We attempt to estimate what proportion of the speed of record breaking is due to globalization (competitors from more countries) and what proportion is due to technological progress (better equipment and training techniques). It appears that technological change is the chief driving force but that technological progress is improving the performance of seasoned elite athletes faster than it is improving the performance of adolescents. Both our results and our methods may have wider application.

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Bibliographic Info

Article provided by University of Chicago Press in its journal Journal of Political Economy.

Volume (Year): 109 (2001)
Issue (Month): 5 (October)
Pages: 1132-1149

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Handle: RePEc:ucp:jpolec:v:109:y:2001:i:5:p:1132-1149

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Web page: http://www.journals.uchicago.edu/JPE/

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Cited by:
  1. Matthew Kotchen & Matthew Potoski, 2011. "Conflicts of Interest Distort Public Evaluations: Evidence from the Top 25 Ballots of NCAA Football Coaches," NBER Working Papers 17628, National Bureau of Economic Research, Inc.
  2. Gadi Barlevy, 2003. "Estimating models of on-the-job search using record statistics," Working Paper Series WP-03-18, Federal Reserve Bank of Chicago.
  3. Dupuy Arnaud, 2010. "An Economic Model of the Evolution of the Gender Performance Ratio in Individual Sports," ROA Research Memorandum 006, Maastricht University, Research Centre for Education and the Labour Market (ROA).
  4. Lalith Munasinghe & Tackseung Jun & David Rind, 2012. "Climate change: a new metric to measure changes in the frequency of extreme temperatures using record data," Climatic Change, Springer, vol. 113(3), pages 1001-1024, August.

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