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Study of the Spillover Effect on Sport to Chinese Regional Economic Development

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Listed:
  • Huijun Jiang
  • Myeong Cheol Choi
  • Xinke Leng

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¨C2012 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.

Suggested Citation

  • Huijun Jiang & Myeong Cheol Choi & Xinke Leng, 2019. "Study of the Spillover Effect on Sport to Chinese Regional Economic Development," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(5), pages 487-494, August.
    • Handle: RePEc:jfr:ijfr11:v:10:y:2019:i:5:p:487-494
    DOI: 10.5430/ijfr.v10n5p487
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    References listed on IDEAS

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    3. Jože P. Damijan & Andreja Jaklič & Matija Rojec, 2006. "Do External Knowledge Spillovers Induce Firms’ Innovations? Evidence from Slovenia," Palgrave Macmillan Books, in: Ana Teresa Tavares & Aurora Teixeira (ed.), Multinationals, Clusters and Innovation, chapter 3, pages 27-47, Palgrave Macmillan.
    4. Pilios-Dimitris Stavrou, 2018. "Psychoanalytic Psychotherapy as a Treatment for Depression in Adolescents: A Case Study," Global Journal of Social Sciences Studies, Online Science Publishing, vol. 4(2), pages 91-101.
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