The Impact on Economic Growth of Sports Facilities

Subject Areas : Bi-quarterly Journal of development economics and planning

S. Kaghzyan ¹ , Y. Naghdi ² , B. Faraji Rostaghi ³

1 - Assistant Professor, Department of Economics, Boroujerd Branch, Islamic Azad University, Iran
2 - Assistant Professor, Department of Economics, Firoozkooh Branch, Islamic Azad University, Iran
3 - Economic Sciences graduate student, Department of Boroujerd, Iran

Received: 2016-03-12 Accepted : 2016-03-12 Published : 2015-02-20

Keywords: Panel Data, Sports Facilities, Stadiums Growth rate of Economic Growth,

Abstract :

In this study the effect of sport facilities in terms of the number of the sport statiums on economic growth was followed. Panel data for 2000 to 2011 for two groups of middle income and high income countries were used. For the analysis a sgsellion model was estimated. The results showed that the sport facilities had positive effect on economic growth of the high income countries. This effect was negative for the tow income once, however. The result for loth country growes was statisieally lignificant. 1. Sport facilities are of these factor affecting economic growth. 2. In this study the effect of sport facilities in terms of the sport statiums on economic growth was followed. Panel data for 2000 to 2011 for two growps of middle income and high income countries were used. For the analysis a sgsellion model was estimated. The result showed that the sport facilities had positive effect on economic growth of the high income countries. This effect was negative for the two income ones, however. The result for loth country groups was statistieally significant.

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