Study of the spillover effect on sport to Chinese regional economic development
- Authors
- Jiang, H.; Choi, M.C.; Leng, X.
- Issue Date
- 2019
- Publisher
- Sciedu Press
- Keywords
- Economic development; Spillover effect; Sport
- Citation
- International Journal of Financial Research, v.10, no.5, pp.487 - 494
- Journal Title
- International Journal of Financial Research
- Volume
- 10
- Number
- 5
- Start Page
- 487
- End Page
- 494
- URI
- https://scholarworks.bwise.kr/gachon/handle/2020.sw.gachon/2105
- DOI
- 10.5430/ijfr.v10n5p487
- ISSN
- 1923-4023
- Abstract
- Sports development can lead to the emergence of external economies, which forms part of the spillover effects on regional economic growth under certain conditions. This study uses a sample of 31 provinces in China from 2008-2012 to construct a panel data model to examine the role of sports development in the regional economic growth in the C-D function. The results indicate that sports development indeed brings a good incentive effect to the economy in all areas, which suggests a spillover effect of Chinese sports development that stimulates regional economic growth, but this spillover effect reflects a greater difference between different regions. Overall, Hebei, Jiangxi, Henan, Hubei, Hunan, and Sichuan have the highest coefficient of sports investment on economy, but Jilin is relatively weak. © 2019, International Journal of Financial Research.
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