Which Countries Bid for the Olympic Games? Economic, Political, and Social Factors and Chances of Winning

Hamburg Contemporary Economic Discussions No. 55, 2016

26 Pages Posted: 25 May 2017

See all articles by Wolfgang Maennig

Wolfgang Maennig

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences

Christopher Vierhaus

Independent

Date Written: February 2016

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 Classification: R58, L83, Z28

Suggested Citation

Maennig, Wolfgang and Vierhaus, Christopher, Which Countries Bid for the Olympic Games? Economic, Political, and Social Factors and Chances of Winning (February 2016). Hamburg Contemporary Economic Discussions No. 55, 2016. Available at SSRN: https://ssrn.com/abstract=2973282 or http://dx.doi.org/10.2139/ssrn.2973282

Wolfgang Maennig (Contact Author)

Universit├Ąt Hamburg, Faculty of Business, Economics and Social Sciences ( email )

Von-Melle-Park 5
Hamburg, 20146
Germany

Christopher Vierhaus

Independent ( email )

No Address Available

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