Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport

This paper envisages economies of scale - or rather, diseconomies of low scale - caused in small nations by a sometimes acute shortage of talent and to indivisibility of teams: for example, a small country such as Iceland or Luxembourg cannot participate in an international football tournament with...

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Main Author: Herbert Glejser
Format: Report
Language:unknown
Subjects:
Iceland
Online Access:https://www.cesifo.org/DocDL/cesifo_wp294.pdf
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spelling ftrepec:oai:RePEc:ces:ceswps:_294 2024-04-14T08:13:41+00:00 Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport Herbert Glejser https://www.cesifo.org/DocDL/cesifo_wp294.pdf unknown https://www.cesifo.org/DocDL/cesifo_wp294.pdf preprint ftrepec 2024-03-19T10:34:10Z This paper envisages economies of scale - or rather, diseconomies of low scale - caused in small nations by a sometimes acute shortage of talent and to indivisibility of teams: for example, a small country such as Iceland or Luxembourg cannot participate in an international football tournament with only three players, even if they are exceptionally gifted. After devising a few models we test them on sports (especially on Olympic results). We find that, indeed, the comparative superiority of large nations is to be found in (especially large) team events. Several results are significant at the 0.001 significance level. We conclude by suggesting the establishment of institutions similar to customs unions: a European Sport Associations United (ESAU) could fight with some hope the giants of today and tomorrow (China, India, etc.). Report Iceland RePEc (Research Papers in Economics)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description This paper envisages economies of scale - or rather, diseconomies of low scale - caused in small nations by a sometimes acute shortage of talent and to indivisibility of teams: for example, a small country such as Iceland or Luxembourg cannot participate in an international football tournament with only three players, even if they are exceptionally gifted. After devising a few models we test them on sports (especially on Olympic results). We find that, indeed, the comparative superiority of large nations is to be found in (especially large) team events. Several results are significant at the 0.001 significance level. We conclude by suggesting the establishment of institutions similar to customs unions: a European Sport Associations United (ESAU) could fight with some hope the giants of today and tomorrow (China, India, etc.).
format Report
author Herbert Glejser
spellingShingle Herbert Glejser
Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport
author_facet Herbert Glejser
author_sort Herbert Glejser
title Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport
title_short Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport
title_full Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport
title_fullStr Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport
title_full_unstemmed Decreasing Returns to Scale for the Small Country due to Scarcity or Indivisibility - A Test on Sport
title_sort decreasing returns to scale for the small country due to scarcity or indivisibility - a test on sport
url https://www.cesifo.org/DocDL/cesifo_wp294.pdf
genre Iceland
genre_facet Iceland
op_relation https://www.cesifo.org/DocDL/cesifo_wp294.pdf
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