We conduct an innovative analysis of sporting world records by a) using economic instead of sporting determinants and b) by using multivariate stochastic frontier functions. Using data from 48 different disciplines between 1970 and 2014, we show that world records are close to full efficiency...

In empirischen Analysen werden Testergebnisse häufig tabellarisch als statistisch signifikante oder insignifikante Resultate ausgewiesen. Der vorliegende Beitrag beschäftigt sich mit der sachgerechten Interpretation der insignifikanten Resultate und der Analyse möglicher Ursachen. Als...

We conduct an innovative analysis of sporting world records by:a) using economic instead of sporting determinants and,b) by using multivariate stochastic frontier functions. Using data from 48 different disciplines between 1970 and 2014, we show that world records are close to full efficiency...

The paper deals with the general concept of (good) governance in sports organizations, explaining its required particularities through a look at its principles, existing challenges and issues that have yet to be resolved. It will also give an overview of which obstacles need to be taken into...

While urban renewal programs have become widely used policy measures to target urban development less is known about the reasons why certain areas are more responsive to policy interventions than others. With this study we address some of these issues by analyzing an urban renewal program in...

Economic impact has developed into one of the most cited and used arguments to bid for major events. Ex ante studies on the economic impact, which analyze regional income and employment impacts, are usually required by local chamberlains or regional financing authorities and occasionally are a...

This paper contributes to the analysis of large sporting events using highly disaggregated data. We use the 1996 Olympic Games in Atlanta, which are also outstanding as one of the very few large sporting events where ex post academic analysis found significant positive effects. This paper...

Becoming unemployed has negative effects on life satisfaction; a transition from unemployment to employment, however, has stronger positive effects in absolute terms. The asymmetry of the non-pecuniary effect indicates a potential “omitted variable bias” in previous empirical happiness studies

We project the medal number and medal ranking for the Olympic Games in London in 2012. The largest relative increase is predicted for Brazil (80% more medals) and the UK ( 28%).UK will continue to rank 4th. The largest decreases in medal numbers are predicted for Australia (-13%, but remains in...