Regional Competitiveness of Sports Industry in the Yangtze River Delta Region from the Perspective of Input and Output Huijie Zhang(a*)
(a)School of Sports Education and Management, Anhui College of Sport
Huayuan Street 595, Hefei, China
*zhanghuijie63[at]163.com
Abstract
The development of a high-quality sports industry is crucial to China^s economic growth. The Yangtze River Delta region is one of the most economically developed regions in China and a gathering place for its sports industry. In order to understand the regional competitiveness of sports industry in the Yangtze River Delta region, this paper makes an empirical research by using the method of data envelopment analysis and random effects model. This study collected quantitative data on the sports industry in the Yangtze River delta from 2014 to 2019.
The empirical results indicate that: (1) there are regional differences in the competitiveness of sports industry in the Yangtze River delta region- (2) sports industry in the Yangtze River delta region lacks scale efficiency and has improper input-output ratio- (3) the phenomenon of diminishing returns to scale appears in Jiangsu Province- (4) the output elasticity of labor factors is high, however the output elasticity of fixed assets remains at a low level.
This research provides valuable implications for policymakers in improving regional competitiveness of sports industry in the Yangtze River delta region. This paper puts forward suggestions according to the empirical results: reducing regional barriers, improving scale efficiency, adjusting industrial structure and optimizing investment quality.
Keywords: Industrial competitiveness- The Yangtze River delta region- Sports industry
