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Olympic medals as an indicator of social welfare

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Abstract

The relation between the amount of medals won at the Olympic games and various welfare indicators has been established for the games of Barcelona and Seoul using a Bayesian method of Poisson regression. It was found that medals won correlate strongly with income as well as with more general welfare indicators and that the elasticity with respect to the size of the population is surprisingly smaller than unity.

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Authors and Affiliations

  1. Faculty of Economics and Econometrics, Vrije Universiteit Amsterdam, 1081, HV Amsterdam, The Netherlands

    Frank A. G. Den Butter & Casper M. van der Tak

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  1. Frank A. G. Den Butter
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  2. Casper M. van der Tak
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Den Butter, F.A.G., van der Tak, C.M. Olympic medals as an indicator of social welfare. Soc Indic Res 35, 27–37 (1995). https://doi.org/10.1007/BF01079236

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  • DOI: https://doi.org/10.1007/BF01079236

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