Men, money, and medals : an econometric analysis of the Olympic Games

Hon Kwong LUI; Wing SUEN

doi:10.1111/j.1468-0106.2007.00386.x

Men, money, and medals : an econometric analysis of the Olympic Games

Hon Kwong LUI, Wing SUEN

Department of Marketing and International Business

Research output: Journal Publications › Journal Article (refereed) › peer-review

40 Citations (Scopus)

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.

Original language	English
Pages (from-to)	1-16
Number of pages	16
Journal	Pacific Economic Review
Volume	13
Issue number	1
DOIs	https://doi.org/10.1111/j.1468-0106.2007.00386.x
Publication status	Published - 1 Feb 2008

Access to Document

10.1111/j.1468-0106.2007.00386.x

Cite this

@article{ca1a2c287fc2413180128337e6a0c4fc,

title = "Men, money, and medals : an econometric analysis of the Olympic Games",

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.",

author = "LUI, {Hon Kwong} and Wing SUEN",

year = "2008",

month = feb,

day = "1",

doi = "10.1111/j.1468-0106.2007.00386.x",

language = "English",

volume = "13",

pages = "1--16",

journal = "Pacific Economic Review",

issn = "1361-374X",

publisher = "Wiley-Blackwell Publishing Ltd",

number = "1",

}

TY - JOUR

T1 - Men, money, and medals : an econometric analysis of the Olympic Games

AU - LUI, Hon Kwong

AU - SUEN, Wing

PY - 2008/2/1

Y1 - 2008/2/1

N2 - 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.

AB - 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.

U2 - 10.1111/j.1468-0106.2007.00386.x

DO - 10.1111/j.1468-0106.2007.00386.x

M3 - Journal Article (refereed)

SN - 1361-374X

VL - 13

SP - 1

EP - 16

JO - Pacific Economic Review

JF - Pacific Economic Review

IS - 1

ER -