Economic Determinants of Success in Olympic Games

Authors : Seyed-nezamuddin MAKİYAN, Mujtaba ROSTAMİ

Pages : 33-39

View : 8 | Download : 5

Publication Date : 2021-05-15

Article Type : Research Paper

Abstract :Sport economics is defined as the application of economic theories for analyzing of sport activities. In this study, the effect of the most important economic factors such as Population, GDP per capita and also hosting and the experience from past times in Olympics as variables that have not been considered so far in the related studies-will be investigated. These variables are appropriate for the assessment of the potential of countries’ success in Olympics. The period of examination is from 1992-2016 for evaluating the availability of having more medals in Olympics. The results, indicate a positive and significant relationship between economic factors, hosting and experiences in Olympic progressing. This study suggests that success in the Olympic need to consider the importance of economic factors.
Keywords : Population, GDP Per capita, Olympic Hosting, Experience in Olypic Games, Poisson Regression