Men, Money, And Medals: An Econometric Analysis Of The Olympic Games
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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Volume (Year): 13 (2008)
Issue (Month): 1 (02)
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