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Connection between State Funding and International Sporting Success: The Case of Croatia

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  • Škorić Sanela

    (University o Zagreb Faculty of Kinesiology, Zagreb, Croatia. Postal address: Horvaćanski zavoj 15, 10000 Zagreb, Croatia. Phone 00385 1 3658 721. Fax: 00385 1 3634 146.)

  • Obadić Evica

    (Croatian Olympic Committee)

Abstract

The aim of this paper is to determine the types and intensity of connection between the amount of state funding for various programmes in sport invested by Croatian Olympic Committee from 2001 until 2016 and international sporting success of Croatian athletes. A connection between 12 independent variables (funds invested in 33 summer Olympic sports (24 individual and 9 team sports) broken down in 8 specific programmes, as well as the number of athletes and coaches in different programmes) and international sporting success was tested using regression analysis. The results show statistically significant logarithm connection between success and total funds invested (ACR=0.160, R2=0.319, p=0.001). Additionally, three variables showed linear, eight logarithm and one quadratic type of connection. Applying different regression models contributes to better understanding of connection between the amount and direction of investments in high performance sport and result of those investments in the form of achieved international sporting success.

Suggested Citation

  • Škorić Sanela & Obadić Evica, 2022. "Connection between State Funding and International Sporting Success: The Case of Croatia," Zagreb International Review of Economics and Business, Sciendo, vol. 25(2), pages 119-138.
    • Handle: RePEc:vrs:zirebs:v:25:y:2022:i:2:p:119-138:n:1007
    DOI: 10.2478/zireb-2022-0018
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    References listed on IDEAS

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    1. Hon‐Kwong Lui & Wing Suen, 2008. "Men, Money, And Medals: An Econometric Analysis Of The Olympic Games," Pacific Economic Review, Wiley Blackwell, vol. 13(1), pages 1-16, February.
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    More about this item

    Keywords

    international sporting success; financial support; COC programmes; state funding;
    All these keywords.

    JEL classification:

    • D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations
    • Z2 - Other Special Topics - - Sports Economics

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