Econometrics: An economic analysis of success at the Olympic Games
Two different approaches will be applied to showin order to access how those independent variables can affect a country‰Ђ™s ability to win medals at the Summer Olympic Games. The Cobb Douglas production function will beis the main tool used to interpret the effectiveness of the input variables, while theand fixed effect model will analyseis the topic from many different perspectives. ThroughBy applying these separatedifferent methods to study the Olympic Games medal winning determinants, it will provide anthe benefit of understanding of the subject fromin different viewpoints. More sSpecific details about how each method is used will be provided within this chaptersection.