Economic Inequality and Convergence Through the Lens of Two Sports
About this Session
Time
Fri. 17.04. 09:50
Room
Room 2
Speaker
This paper analyzes the inequalities and convergence across countries using data
on the top 100 players in chess and tennis. We explore the impact of time trends
and exogenous global shocks on countries’ representation in the top 100 players’
lists in a manner akin to a natural experiment, comparing chess and tennis while
distinguishing among different country income groups. The results indicate the
presence of conditional convergence across countries in their representations in the
top 100 chess players, but not in the top 100 tennis players. The availability of
internet contributed to the reduction of inequalities in chess, a mind-dominated
sport, but not in tennis, a wealth-dominated sport. Negative economic shocks, such
as the Great Recession and the Covid pandemic, exacerbated the inequalities in
tennis, but not in chess.