Economic Factors affecting on the Sports trade openness in Mena member countries

Sarlab, Roghayeh; Gholami Heidariani, Lila; Sarlab, Mohammad

doi:10.22059/jsm.2021.303679.2496

Document Type : Research Paper

Authors

¹ Department of Sport Management, Faculty of Sport Sciences, Urmia University, Urmia, Iran

² Department of Economics, Faculty of Economics and management, University of Tabriz, Tabriz, Iran

³ Department of Economics, Faculty of Economics and political science, Shahid Beheshti University, Tehran, Iran

https://doi.org/10.22059/jsm.2021.303679.2496

Abstract

Introduction: The phenomenon of globalization is one of the most challenging issues in countries and the study of its effects on macroeconomic variables has been considered by researchers. Therefore, in the study the economic factors affecting the openness of sports and trade in Mena member countries were examined.
Methods: The present research is applied descriptive-analytical and has been done by documentary method. Data on the variables of Gross Domestic Product, Exchange rate, consumer price index and statistics of exports and imports of sports goods of Mena countries were collected from the World Bank and the World Trade Center Website During the 1993-2018. To estimate the model was used ordinary least squares method with the help of EViews 10 software.
Results The results showed that the results showed that with the increase of one unit of Gross Domestic Product, openness Sporting Goods business unit increased by 064/0 Unit. The variable coefficient of the price index is negative, which means that with the increase of one unit of the price index of goods decreases the degree of commercial openness of sporting goods by 0.04 units. Also, with the increase of one-unit exchange rate increases the degree of commercial openness of sports goods 0.012 units.
Conclusion: Increasing the government's support and incentive policies to attract foreign capital can be helpful.

Keywords

References

Abrishami H. "Fundamentals of Econometrics". University of Tehran Press, Volume II, Third Edition, translated by Damor Gajrati. 2004. (in Persian).

Asgharpour H. Kazerouni A. & Mirani N. [The influence of the inflation environment on the effect of exchange rate effects on the import price index in Iran]. Quarterly Journal of Applied Economics Theory. 2015; 2 (2), 155-78. (in Persian).

Biniaz A, Mohammadi H. [The effect of the degree of trade openness of the agricultural sector on food security in Iran (self-regression approach with distributional gaps)]. Journal of Agricultural Economics Research. 2018; 10 (38): 81-104. (in Persian).

Bowdler Ch. Malij A. "Openness and inflation volatility: Panel data evidence". The North American Journal of Economics and Finance. 2017; 41: 57-69.

Breitung J. "The Local Power of Some Unit Root Tests for Panel Data, in: Baltagi, B.H. (Ed.), Non-stationary Panels, Panel Cointegration and Dynamic Panels". Elsevier, Amsterdam, 2000; 161–177.

Choi I. "Unit Root Tests for Panel Data". Journal of International Money and Finance. 2001; 20: 249-272.

Fathi Y. Yousefi M. [Investigating the Effects of Openness Trade on the Value-Added Growth of Factory Industries in Countries Joining the World Trade Organization: A Dynamic Data Panel Approach]. Quarterly Journal of Economic Research. 2018; 18 (69); 105-69. (in Persian)

Gholamzadeh F.H. "Sport as an Industry in Finland - Exploring the Economic Significance, Contributions, and Development of the Sport Sector as an Industry". Academic dissertation. Jyväskylä: Faculty of Sport and Health Sciences. 2016. 40.

Huchet‐Bourdon M. Le Mouel C. "Vijil M. The relationship between trade openness and economic growth: Some new insights on the openness measurement issue". The World Economy, 2018; 41(1); 59-76.

Kao C. M. H Chiang. "On the estimation and inference of a cointegrated regression in panel data". Advances in Econometrics. 2000; 15:179-222.

Kazeruni AS, Feshari M, Mamipour S. [The effect of the degree of trade openness on the instability of the real exchange rate (a case study of selected countries in the MENA regionk]. Economic policy. 2009; 1 (2): 185-216. (in Persian)

Keho Y. "The impact of trade openness on economic growth: The case of Cote d’Ivoire". Cogent Economics & Finance. 2017; 5(1): 1-14.

Khodadadi R.M. Masoumzadeh S. Faridfathi A. Faridfathi M. [Investigation of convergence of import of pair wise of sporting goods in Iran: panel data approach]. Journal of Sports Management and Development, 2018; 3 (15): 115-99. (in Persian).

Levin A. Lin C. F, Chu C.S.J. "Unit Root Tests in Panel Data: Asymptotic and Finite Sample Properties". Journal of Econometrics. 2002; 108: 1–24.