Regional characteristics of sports industry profitability: Evidence from China’s province level data

Wang, Yan; Wang, Yue; Li, Ming-Xia

doi:10.1016/j.physa.2019.03.066

Cited by 16 publications

(11 citation statements)

References 34 publications

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“…However, one of the impacts of Chinese investment in the football industry has brought a debate among many scholars, for example, it has been stated that due to the Covid-19 crisis there has been a reduction in the investment by shareholders. But the goal is always similar, that is to say, to transfer the know-how to the other side of the globe, to build a reputation, and finally to satisfy the Chinese president [39], [40]. These repeated investments causing indebtedness create in the short term a speculative bubble that risks destabilizing European football and these clubs.…”

Section: Risks and Challengesmentioning

confidence: 99%

China, Aspiration to Become a Football Superpower: What We Need to Know?

et al. 2022

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The purpose of this paper is to find out the Chinese aspiration towards the football business, its risks, and challenges. Specifically, we examined the national and international Chinese investments in football. Our findings revealed that there is a tendency for China to offer a large sum of money to the foreign players to attract them but also to invest in infrastructure across the country in order to increase the population's interest in this sport. Imperative to know that, the state's asserted desire to become a great football nation, public and private companies must follow people’s hope. It has been found that big football fans are involved in the development of football in China. The goal is to find the future Mbappé or Ronaldo who will allow China to shine as a football superpower.

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Section: Risks and Challengesmentioning

confidence: 99%

China, Aspiration to Become a Football Superpower: What We Need to Know?

et al. 2022

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“…e conceptual model provides the basis for composing an industrial development index for CST industries with a carefully designed indicator evaluation system. Indicators were selected by referring to prior studies [20,[24][25][26] and in compliance with principles such as robustness, representativeness, feasibility, reliability, and availability. e resultant indicators for the three industries were grouped into the categories of production factors and industrial economy (see Table 2).…”

Section: System Of Indicatorsmentioning

confidence: 99%

Spatiotemporal Evolution Patterns and Driving Factors of Synergistic Development of Culture, Sports, and Tourism Industries: The Case Study of China

Xia

Zuo

et al. 2021

Mathematical Problems in Engineering

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Synergistic development of the culture, sports, and tourism industries is an emerging trend in China, providing new formats for industrial evolution and fresh momentum for industrial upgrading. Therefore, building a robust framework to evaluate the synergistic development is relevant to China’s economic and social development. This study used a coupling coordination model to calculate the coupling coordination degree of the three industries, for 31 provinces in China from 2013 to 2017. Subsequently, it employed spatial autocorrelation techniques and GeoDetector to identify factors affecting the synergistic development from global and local perspectives before discussing the driving mechanisms. The results showed that (1) the synergistic development of the three industries was generally stable with a slight imbalance. (2) The development level varied across regions. The general spatial pattern was low in northeastern and western China, stable and average in the central region, and high in the eastern region. (3) The synergistic development has a prominent “proximity dependence” effect reflected by a notable spatial agglomeration feature and positive spatial autocorrelation trend and (4) twenty-one indicators of six driving factors (industrial pulling force, population supporting force, consumer purchasing power, transportation pushing force, resource attraction force, and economic driving force) affected the synergistic development.

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“…Research work by YanWang, YueWang, Ming-Xia Li concerns the analysis of the regional differentiation in the level of sports industry development in China. The authors study sports sphere profitability and define clusters, which gives new understanding of the regional characteristics of profitability in this kind of activity [1]. In the work of Luke Lunhua Mao, James J. Zhang, Daniel P. Connaughton the demand for sports lotteries in China is considered and the authors comes to the conclusion that this source of financing is important and has a considerable consumption value [2].…”

Section: Literature Reviewmentioning

confidence: 99%

Studying Foreign Experience of Physical Culture and Sport Sphere Financing

Vishnevskaya¹,

Vishnevskiy²,

Steshenko³

2019

Proceedings of the First International Volga Region Conference on Economics, Humanities and Sports (FICEHS 2019)

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The article presents analysis of financing physical culture and sport sphere in the Russian Federation. It considers different mechanisms of sports sphere private financing in some foreign countries: homesteads expenditure and volunteership, subvention of public sector at a national, regional and local levels, national lotteries, income from mass media received by sports events organizers, sponsorship and patronship, gambling, endowment-fund and others. The authors studied scientific works of native and foreign scientists in the sphere of sport financing. On the basis of analyzing foreign experience authors offered the directions of financing mechanisms improvement in the sphere of physical culture and sport in the Russian Federation. The authors underline the necessity to reconsider the mechanism of financing physical culture and sport in terms of widening the tools of tax stimulation.

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Regional characteristics of sports industry profitability: Evidence from China’s province level data

Cited by 16 publications

References 34 publications

China, Aspiration to Become a Football Superpower: What We Need to Know?

China, Aspiration to Become a Football Superpower: What We Need to Know?

Spatiotemporal Evolution Patterns and Driving Factors of Synergistic Development of Culture, Sports, and Tourism Industries: The Case Study of China

Studying Foreign Experience of Physical Culture and Sport Sphere Financing

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