Sun, Ang; Wang, Rui; Zhan, Zhaoguo - In: Economics Bulletin 35 (2015) 2, pp. 1065-1070
A sizable empirical literature relates a nation's Olympic performance to socioeconomic factors by adopting linear regression or a Tobit approach suggested by Bernard and Busse (2004). We propose an alternative model where a nation's medal share depends on its competitiveness relative to other...