| By: |
Wolfgang Maennig (Chair for Economic Policy, University of Hamburg);
Christopher Vierhaus (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 |
| JEL: |
R58 L83 |
| Date: |
2016–04–05 |
| URL: |
http://d.repec.org/n?u=RePEc:hce:wpaper:055&r=spo |