For more details, it is worth checking out a blog post by Phil Miller - particularly for the meme (here).
By David Butler & John Considine There is a system for classifying scholarly literature in economics. It is the system used by the Journal of Economic Literature (JEL). Sports economics had graduated to its own JEL classification. It is Z2.
For more details, it is worth checking out a blog post by Phil Miller - particularly for the meme (here). By John Considine An article published in Applied Economics last November examined the relationship between governance, corruption and Olympic success at the 2012 summer games. The article, written by Todd Potts, suggests that Olympic success is lower for countries with less corruption and tighter doping controls.
Potts located his article in the literature that examined the implications of communism/capitalism for Olympic success. In this literature, the communist countries has a statistically better chance of winning medals. Interestingly, Potts tends to find the opposite - a fact he attributes to the limited number of communist countries in his data set. Rather than focus on overall indicators of governance, like communist/capitalist, Potts uses the set of World Governance Indicators published by the World Bank. He also limits his medal performance to the 2012 London summer Olympic Games. Potts presents results for a range of model specifications. He also includes data on participation, GDP, and climate. He finds that countries from a temperate climate have a better chance of winning a medal. One wonders what this variable captures given that many athletes from temperate climates travel to warmer climates for training purposes. Hosting the games and GDP were associated with greater medal prospects. According to Potts, half the athletes at the 2012 games were tested for banned substances. Only twenty-four athletes, from seventeen countries, were disqualified. The list is reproduced below. To check the robustness of his results, Potts extended his analysis using the IAAF list of 255 athletes "currently" banned from competitions. The results are consistent with the narrower 2012 games data. Again it is interesting to note that communist countries (China) are less likely to win a medal and less likely to have athletes disqualified. |
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