Winning the Olympic host city election: key success factors

Wolfgang Maennig and Christopher Vierhaus

Applied Economics, 2017, vol. 49, issue 31, 3086-3099

Abstract: This article examines 147 variables’ potential to discriminate successful from unsuccessful Olympic bids. Our stepwise, rank-ordered logistic regression model includes 10 determinants supporting the contention that economic, political and sports/Olympic factors are important for winning the host city election. IOC members favour cities if more than 2/3 of the population support the bid, but disfavour bidding cities of fewer than 2.5 million inhabitants and bids lacking a sufficient number of existing stadiums. Hosts are characterized by larger markets and higher medium-term growth economies. Olympic bids that follow a political liberalization are rewarded with additional votes.

Date: 2017
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DOI: 10.1080/00036846.2016.1254339

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