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Is hosting the games enough to win? A predictive economic model of medal wins at 2014 winter olympics

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  • Wladimir Andreff

    (Université de Paris.)

Abstract

An econometric model which has first been estimated on medal wins at Summer Olympics and has predicted 88% of medal distribution at Beijing Games 2008, is revisited for Winter Olympics. After changing some variables to take into account the winter sports specificity, the model is estimated again on all Winter Games since 1964.Then it is used to predict (forecast) the medal distribution per country at the 2014 Sochi Winter Olympics.

Suggested Citation

  • Wladimir Andreff, 2012. "Is hosting the games enough to win? A predictive economic model of medal wins at 2014 winter olympics," Papeles de Europa, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Estudios Internacionales (ICEI), vol. 25, pages 51-75.
    • Handle: RePEc:ucm:padeur:v:25:y:2012:p:51-75
    DOI: 10.5209/rev_PADE.2012.n25.41095
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    More about this item

    Keywords

    Olympics; Winter sports; Medal wins; Econometric estimation; Forecasting.;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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