Latest Econometric model Stories
A government needs to invest an average of 40 million euros in order for the country to obtain the highest Olympic prize. That is how much said feat costs according to the calculations of researchers at the Universidad Carlos III de Madrid (UC3M), who are carrying out diverse studies in the area of Sport Economics. In order to arrive at this result the researchers calculated the price with a model that measures the number of medals according to government expenditure in sport, along with...
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