This paper investigates the relationship between steroids and an athlete's ability to run a season best time in track and field. Certain event groups have seen a faster drop in season bests than others. Medical research indicates which of these event groups (sprinters, distance, throwers, jumpers) would most benefit from steroids. I hypothesize that steroids allow sprinters to improve on their season bests more than other event groups. This hypothesis is based on a production theory from the economics literature where inputs such as coaching, facilities and steroids produce season best performances. Using ordinary least-squares regression, I use a dummy variable to determine if steroids were significant in track and field events. The regressions show that shot put had the highest marginal effects during the steroids period.
Fisher '08, Allison, "An Economic Analysis of the Effects of Steroids on Season Best Performances in Track and Field" (2008). Honors Projects. 86.