Which countries bid for the Olympic Games? Economic, political, and social factors and chances of winning

Wolfgang Maennig and Christopher Vierhaus
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Christopher Vierhaus: Chair for Economic Policy, University of Hamburg

No 55, Working Papers from Chair for Economic Policy, University of Hamburg

Abstract: This contribution analyzes 132 factors on their potential to discriminate countries bidding for hosting the Olympic Games from non-bidding countries. Our binary, clustered model using generalized estimating equations (GEE) shows that countries recording long-term economic growth and pursuing a liberalization and globalization policy will consider an Olympic bid. In addition, countries with an urban population above 10 million, with stable election results and an improvement in health standards as well as more attractive tourism destinations are more likely to bid for the Olympic Games. Finally, the bid decision is shaped by experience in hosting major sports events, a country and regional rotation, persistence and climatic conditions.

Keywords: Olympic Summer Games; mega events; bidding; host city election; IOC; decision-making (search for similar items in EconPapers)
JEL-codes: L83 R58 Z28 (search for similar items in EconPapers)
Pages: 26 pages
Date: 2016-04-05
New Economics Papers: this item is included in nep-pol and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Published in Hamburg Contemporary Economic Discussions, Issue 55, 2016

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Persistent link: https://EconPapers.repec.org/RePEc:hce:wpaper:055

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