Title
Men, money, and medals : an econometric analysis of the Olympic Games
Document Type
Journal article
Source Publication
Pacific Economic Review
Publication Date
2-1-2008
Volume
13
Issue
1
First Page
1
Last Page
16
Publisher
Wiley-Blackwell Publishing Asia
Abstract
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.
DOI
10.1111/j.1468-0106.2007.00386.x
Print ISSN
1361374X
E-ISSN
14680106
Publisher Statement
Copyright © 2008 The Authors
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Lui, H. K., & Suen, W. (2008). Men, money, and medals: An econometric analysis of the Olympic Games. Pacific Economic Review, 13(1), 1-16. doi: 10.1111/j.1468-0106.2007.00386.x
