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The New Era of Sports Service Industry Under Digital Development: A Comprehensive Analysis of VAR and Cross-Elasticity

Author

Listed:
  • Ying Wan
  • Yang Zhang
  • Chenyang Zhao
  • Te Bu

Abstract

With the advent of 5.5G, China’s sports service industry is intricately linked to digitization. Digitization propels the upgrading of sports media and information services, digitalizes sports goods sales on e-commerce platforms and online retail, and drives the digital broadcasting of sports events and virtual sports development. This study focuses on the relationship between digitization and sub-industries within the sports service industry. Utilizing Eviews 13 software, a Vector Autoregression model analyzes China’s digital industry and sports service industry data from 2015 to 2022. Findings reveal a significant Granger causal relationship between the digital industry and sports media and information services. Cross-elasticity analysis shows growing interaction between the digital industry and sports media and information services over time, implying a strengthening promotional effect on the sports service industry. This study provides empirical support for understanding the relationship between the digital industry and the sports service industry.

Suggested Citation

  • Ying Wan & Yang Zhang & Chenyang Zhao & Te Bu, 2025. "The New Era of Sports Service Industry Under Digital Development: A Comprehensive Analysis of VAR and Cross-Elasticity," SAGE Open, , vol. 15(2), pages 21582440251, April.
  • Handle: RePEc:sae:sagope:v:15:y:2025:i:2:p:21582440251336002
    DOI: 10.1177/21582440251336002
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