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 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.).

Croissances industrielles comparées de l'Union Soviétique et des Etats-Unis

info:eu-repo/semantics/publishe

Inflation, productivity, and relative prices-A statistical study

info:eu-repo/semantics/publishe

Contributions à la vie et à la pensée économique et sociale en Belgique

info:eu-repo/semantics/publishe

Een Naschrift bij het artikel Een statistische en ekonometrische vergelijking van twee stelsels van nationale rekeningen: DULBEA en N.I.S.

info:eu-repo/semantics/publishe

Le produit intérieur mensuel de la Belgique en 1962

info:eu-repo/semantics/publishe

Prognoses van het B.N.P. door de Europese Economische Gemeenschap, de Centrale Raad voor het Bedrijfsleven en het DULBEA: wie voorspelt best ?

info:eu-repo/semantics/publishe