This study examines what determines success in the Africa Cup of Nations from a macroeconomic perspective.
Continental soccer tournament in AfricaFirst tournament in 1957Organized in every 2 yearsWinner goes to FIFA Confederations Cup
METHODOLOGYSources: WDI, Penn World Table, and CAFs webpage
We created different new variables to control for the results of the tournaments: Champion, Second Place, Third Place, and Fourth Place
We test our hypothesis trough a series of different methods: Regressions Mean Comparison tests, and Fixed-Effect tests.
For another approach to the study of our hypotheses, we excluded Egypt in a fixed-effect test as it seems the Egypt is an outlier to our theory.
Both in AsiaClose Number of Populations:China: 1,351 billion*India: 1,237 billion**Data are taken from The World Banks 2012 information.
INDIA: $1,489*Children MalnutritionHealth CareSports Investment and FacilitiesBetter Education*Data are taken from The World Banks 2012 information.
If China has the highest population on Earth, why doesnt China take 1st place in every Olympics?
*Data are taken from The World Banks 2012 information.
If GDP Per Capita has a positive effect on winning a medal, why arent Luxembourg, Norway, and Switzerland the top three countries by GDP Per Capita* dominant forces in the Olympics?
CHANCE OF HAVING SPORTSMEN
Inadequate resources means that a country cannot use its human power
GDP Per Capita is an indicator of sports investment
*Data are taken from ESPNs 2008 information.
Alabama University Crimson Tide Football Team played 14 games in 2008 and these 14 games costed them $3,580,868*
*Information is taken from ESPN: http://espn.go.com/ncaa/revenue/_/type/expenses
These data are taken from Tuckers video on Euronews webpage and interpreted into a different graph format
Home Advantage helps an African country win the Africa Cup of Nations
Total Population does not improve the odds of winning the tournament, or reaching the semifinals
Ambigious results with GDP Per Capita and Urban Population.