Connection between State Funding and International Sporting Success: The Case of Croatia
Škorić Sanela () and
Obadić Evica
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Škorić Sanela: University o Zagreb Faculty of Kinesiology, Zagreb, Croatia. Postal address: Horvaćanski zavoj 15, 10000 Zagreb, Croatia. Phone 00385 1 3658 721. Fax: 00385 1 3634 146.
Obadić Evica: Croatian Olympic Committee
Zagreb International Review of Economics and Business, 2022, vol. 25, issue 2, 119-138
Abstract:
The aim of this paper is to determine the types and intensity of connection between the amount of state funding for various programmes in sport invested by Croatian Olympic Committee from 2001 until 2016 and international sporting success of Croatian athletes. A connection between 12 independent variables (funds invested in 33 summer Olympic sports (24 individual and 9 team sports) broken down in 8 specific programmes, as well as the number of athletes and coaches in different programmes) and international sporting success was tested using regression analysis. The results show statistically significant logarithm connection between success and total funds invested (ACR=0.160, R2=0.319, p=0.001). Additionally, three variables showed linear, eight logarithm and one quadratic type of connection. Applying different regression models contributes to better understanding of connection between the amount and direction of investments in high performance sport and result of those investments in the form of achieved international sporting success.
Keywords: international sporting success; financial support; COC programmes; state funding (search for similar items in EconPapers)
JEL-codes: D71 Z2 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:zirebs:v:25:y:2022:i:2:p:119-138:n:1007
DOI: 10.2478/zireb-2022-0018
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