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This study examines the impact of athletic expenditure on athletic performance among National Collegiate Athletic Association Division I institutions. A series of dynamic panel data models are estimated to explore differential impacts of expenditure throughout athletic programs. Results suggest that a dollar spent on women’s sport programs may be more effective than a dollar spent on men’s sport programs. Analysis is conducted at the aggregate, relative division, relative conference, and individual sport levels. Together, all analysis suggests that alternative distributions of athletic, financial resources could increase an institution’s athletic success.

Brazil has felt the effects of climate change through significant variability in precipitation resulting in droughts and floods (Grimm, Pal, and Giorgi 2007; Verner and Tebaldi, forthcoming). This article contributes to the literature by examining the impact of rainfall variations on GDP growth rates of Brazilian states. The estimates suggest that spring droughts as well as spring droughts combined with summer floods impact Northeastern Brazil most severely. Because the Northeast has historically been the most economically deprived region in the country, the results suggest that climate events could aggravate inequality throughout the nation.

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