Accounting for Achievement in Athens: A Count Data Analysis of National Olympic Performance
AbstractWe model summer Olympic medal counts using count data analysis. The advantage of this methodology is its explicit recognition of the discrete non-negative form of the dependent variable; i.e. the total number of medals won by a nation in a summer Olympiad. Using data from the most recent 2004 Summer Games in Athens, Poisson and negative binomial count data regression models are constructed. The chosen model is negative binomial and attaches statistical significance to Gross Domestic Product (GDP) per capita, the age dependency ratio, and a relatively cold climate. In contrast to previous studies, population, health expenditure per capita, and the effect of being a host or neighbour nation of an Olympiad are all insignificant in explaining medal counts. We also find no “cricket effect” or “rugby effect.”
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Bibliographic InfoPaper provided by Department of Economics, University of Victoria in its series Econometrics Working Papers with number 0602.
Length: 13 pages
Date of creation: 16 Aug 2006
Date of revision:
Note: ISSN 1485-6441
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Postal: PO Box 1700, STN CSC, Victoria, BC, Canada, V8W 2Y2
Web page: http://web.uvic.ca/econ
More information through EDIRC
Olympics; count data; Poisson model; negative binomial model;
Find related papers by JEL classification:
- C16 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Econometric and Statistical Methods; Specific Distributions
- C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Who will win the Olympics?
by Economic Logician in Economic Logic on 2008-08-08 07:05:00
- Analysing Olympic Medal Data
by Dave Giles in Econometrics Beat: Dave Giles' Blog on 2012-08-24 17:35:00
- Kavetsos, Georgios & Szymanski, Stefan, 2010.
"National well-being and international sports events,"
Journal of Economic Psychology,
Elsevier, vol. 31(2), pages 158-171, April.
- Georgios Kavetsos & Stefan Szymanski, 2008. "National Wellbeing and International Sports Events," Working Papers 0804, International Association of Sports Economists & North American Association of Sports Economists.
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