Olympic Games’ host country effect. “
No doubt, to increase investment in elite sport in recent years is the main reason for England’s impressive record at the Olympic Games. However, the performance of the British Legion than the 2008 Beijing Olympic Games, was to be expected, this is due to the host country effect “has been a lot of research literature to support the Olympic host country team’s performance was significantly better to its normal level.
For a variety of factors affect a country’s Olympic performance, the Colorado College (Colorado College), Daniel Johnson (Daniel Johnson) is one of the related research economist. He found that the benefits of hosting the Olympics is not a one-off. He summed up the study of two effects: First, the benefit of the next Olympic Games host country hosted former effect “is the last two Olympic Games host country to continue outperforming a” bequest “or” sponsored after-effect. “himakichi.com/
Johnson observed from the above chart is evident: the host country prior to its hosting of the Olympics, the performance began to improve after in the host is not suddenly return to normal. himasan.com/
In 2000, economist Andrew Bernard (Andrew Bernard) and Megan Booth (Meghan Busse) analysis of the Olympic Games medal table. They found that compared with the predictions made solely on the basis of the gross domestic product (GDP), the host country won 1.8% of the medals. Emily Williams (Emily Williams) contact, a doctoral student of the London Business School (LBS), the actual Olympic Games, their study was amended She predicted that the British Legion will be 62 medals, including 25 gold medals.
Earlier this summer night, a report of Goldman Sachs (Goldman Sachs) published a similar analysis. The study found that the host country are usually able to get 54% of the medals, and some events are more sensitive to the host country effect. The line was more optimistic about the prospects for the British Legion, made a near perfect forecast: 64 medals including 30 gold medals.
We chart the exclusion of the 1980 Moscow Olympics and the 1984 Los Angeles Olympic Games (the two Olympic Games are a boycott, exaggerate the effect of the host country), but also the exclusion of the 1972 Munich Olympics and the 1976 Montreal Olympic Games (because the host country, West Germany The obvious benefit and Canada later in the 1984 Los Angeles Olympic Games in the Soviet bloc boycott). The chart also removed the 1996 Atlanta Olympic Games (U.S. data because of this line will include the 1984 Olympics).himazone.com/