The Role of Digital Economy in Enhancing the Sports Industry to Attain Sustainable Development
Abstract
:1. Introduction
2. Literature Review
2.1. Research on the DE
2.2. Research on the Development of SI
2.3. Research on DE Enabling SI Development
3. Theoretical Analysis and Research Hypothesis
3.1. Direct and Indirect Role of the DE in Enhancing SI
3.2. Nonlinear Effect of the DE on Enhancing SI
3.3. Spatial Spillover Effect of the DE on Enhancing the SI
4. Materials and Methods
4.1. Model Setting
- In the first step, we examine whether there is a positive impact of the DE on enhancing the SI. This involves testing the significance of in Equation (1).
- In the second step, once the positive effect in Equation (1) is confirmed, this study investigates whether DE promotes the intermediary variables. This entails testing the significance of in Equation (2).
- In the third step, after confirming the relationship in Equation (2), we include both the DE and mediation variables in the same model to examine the existence of a mediation effect. If and are statistically significant in Equation (3), it indicates partial mediation by the mediation variable. If and are not significant, it suggests complete mediation by the mediation variable. In cases where is not significant, it implies that the mediation variable does not have a mediation conduction effect.
- Finally, in the fourth step, we employ the Sobel test to assess the presence of a mediation effect.
4.2. Variable Selection
4.3. Data Sources and Descriptive Statistics
5. Results
6. Discussion
7. Conclusions
- Accelerate the construction of a digital China and foster deep integration between the DE and the SI. This approach supports Sustainable Development Goal 9, Target 9.3, by increasing access to information and communication technologies and promoting innovation. Additionally, it aligns with Sustainable Development Goal 8, Target 8.2, by promoting sustained and inclusive economic growth, as well as Target 8.5, by encouraging entrepreneurship, creativity, and technological innovation within the sports sector.
- Increase investment in education and technological innovation to nurture multitalented sports science and technology professionals, thereby supporting Sustainable Development Goal 4 (Quality Education) and Sustainable Development Goal 9, Target 9.5, which emphasizes enhancing scientific research, upgrading the technological capabilities of industrial sectors, and encouraging innovation.
- Formulate regional differentiated development strategies to promote coordinated SI growth in the eastern, central, and western regions. This approach aligns with Sustainable Development Goal 11, Target 11.3, by enhancing the capacity for sustainable urbanization and integrated policies for sustainable resource management. Moreover, it supports Sustainable Development Goal 17 by fostering partnerships and collaborative efforts among provinces to achieve common sustainable development objectives.
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
- Gajanova, L.; Michulek, J. Digital Marketing in the Context of Consumer Behavior in the ICT Industry: The Case Study of the Slovak Republic. Virtual Econ. 2023, 6, 7–18. [Google Scholar] [CrossRef]
- Jakubelskas, U. Evaluation of Key Factor of Digital Economy in European Union. Econ. Cult. 2021, 18, 41–50. [Google Scholar] [CrossRef]
- Rybnikova, I.; Juknevičienė, V.; Toleikienė, R.; Leach, N.; Āboliņa, I.; Reinholde, I.; Sillamäe, J. Digitalization and e-leadership in local government before COVID-19: Results of an exploratory study. Forum Sci. Oecon. 2022, 10, 173–191. [Google Scholar] [CrossRef]
- Skvarciany, V.; Jurevičienë, D. An approach to the measurement of the digital economy. Forum Sci. Oecon. 2021, 9, 89–102. [Google Scholar] [CrossRef]
- Melnyk, L.; Kubatko, O.; Piven, V.; Klymenko, K.; Rybina, L. Digital and economic transformations for sustainable development promotion: A case of OECD countries. Environ. Econ. 2021, 12, 140–148. [Google Scholar] [CrossRef]
- Kuzior, A.; Kwilinski, A. Cognitive technologies and artificial intelligence in social perception. Manag. Syst. Prod. Eng. 2022, 30, 109–115. [Google Scholar] [CrossRef]
- Szymańska, A.I. The importance of the sharing economy in improving the quality of life and social integration of local communities on the example of virtual groups. Land 2021, 10, 754. [Google Scholar] [CrossRef]
- Koronios, K.; Vrontis, D.; Thrassou, A. Strategic sport sponsorship management–A scale development and validation. J. Bus. Res. 2021, 130, 295–307. [Google Scholar] [CrossRef]
- Koronios, K.; Dimitropoulos, P.; Kriemadis, A.; Papadopoulos, A. Understanding sport media spectators’ preferences: The relationships among motivators, constraints and actual media consumption behavior. Eur. J. Int. Manag. 2021, 15, 174–196. [Google Scholar] [CrossRef]
- Koronios, K.; Thrassou, A.; Ntasis, L.; Sakka, G. Participant or spectator? Comprehending the sport sponsorship process from different perspectives. EuroMed J. Bus. 2022; ahead-of-print. [Google Scholar] [CrossRef]
- Dong, B. Dynamic Modeling of High-Quality Development of Sports Industry Driven by Big Data Digital Economy. Mob. Inf. Syst. 2022, 2022, 9131081. [Google Scholar] [CrossRef]
- He, Y.; Li, K.; Wang, Y. Crossing the digital divide: The impact of the digital economy on elderly individuals’ consumption upgrade in China. Technol. Soc. 2022, 71, 102141. [Google Scholar] [CrossRef]
- Zhuo, L.; Guan, X.; Ye, S. Quantitative evaluation and prediction analysis of the healthy and sustainable development of China’s sports industry. Sustainability 2020, 12, 2184. [Google Scholar] [CrossRef] [Green Version]
- Zuo, Y.; Chen, H.; Pan, J.; Si, Y.; Law, R.; Zhang, M. Spatial distribution pattern and influencing factors of sports tourism resources in China. ISPRS Int. J. Geo-Inf. 2021, 10, 428. [Google Scholar] [CrossRef]
- Duan, Y.; Li, P.; Meng, D.; Bu, T.; Liu, X.; Popovic, S.; Matic, R.M. The effects of demographic trends on the high-quality development of the Chinese sports industry. Sustainability 2022, 14, 1039. [Google Scholar] [CrossRef]
- Ding, C.; Liu, C.; Zheng, C.; Li, F. Digital economy, technological innovation and high-quality economic development: Based on spatial effect and mediation effect. Sustainability 2022, 14, 216. [Google Scholar] [CrossRef]
- Liu, Q.; Liu, Y.; Liu, S. Application Scenarios and Promotion Strategies of High-Quality Development of Sports Service Industry Empowered by Digital Technology. Math. Probl. Eng. 2022, 2022, 1416948. [Google Scholar] [CrossRef]
- Wang, C.; Man, J. The construction of evaluation index system for high-quality development of China’s sports industry: Based on power change, efficiency change and quality change. J. Cap. Inst. Phys. Educ. 2020, 03, 241–250. [Google Scholar]
- Kang, L.; Haiyan, H. Design and Demonstration of high-quality Development Index of sports industry in the New Era. China Sports Sci. Technol. 2022, 58, 91–99. [Google Scholar]
- Ren, B.; Dai, J. High-quality development of China’s sports industry: Dilemma, Logic and Path. Based on the perspective of “quality and efficiency centered”. Sports Sci. 2020, 2, 61–72. [Google Scholar]
- Hua, K. High-quality development of sports industry from the perspective of global value chain: International Comparison and influencing factors. J. Beijing Sport Univ. 2021, 44, 50–58. [Google Scholar]
- Xiaojuan, J. Development of the Sports Industry: New Opportunities and Challenges. Contemp. Soc. Sci. 2020, 4, 2. [Google Scholar]
- Pang, H. The Promotion of Artificial Intelligence to the Development of the Sports Industry. In Proceedings of the 2021 International Conference on Forthcoming Networks and Sustainability in AIoT Era (FoNeS-AIoT), Nicosia, Cyprus, 27–28 December 2021; pp. 100–104. [Google Scholar]
- Wang, Y.; Geng, Y.; Lin, Q.; Li, G.; Wang, B.; Wang, D. The Coupling Coordination Degree and Spatial Correlation Analysis of the Digital Economy and Sports Industry in China. Sustainability 2022, 14, 16147. [Google Scholar] [CrossRef]
- Liu, Z.; Duan, X.; Cheng, H.; Liu, Z.; Li, P.; Zhang, Y. Empowering High-Quality Development of the Chinese Sports Education Market in Light of the “Double Reduction” Policy: A Hybrid SWOT-AHP Analysis. Sustainability 2023, 15, 2107. [Google Scholar] [CrossRef]
- Dźwigoł, H. The uncertainty factor in the market economic system: The microeconomic aspect of sustainable development. Virtual Econ. 2021, 4, 98–117. [Google Scholar] [CrossRef]
- Lacová, Ž.; Kuráková, I.; Horehájová, M.; Vallušová, A. How is digital exclusion manifested in the labor market during the COVID-19 pandemic in Slovakia? Forum Sci. Oecon. 2022, 10, 129–151. [Google Scholar] [CrossRef]
- Nesterenko, V.; Miskiewicz, R.; Abazov, R. Marketing Communications in the Era of Digital Transformation. Virtual Econ. 2023, 6, 57–70. [Google Scholar] [CrossRef]
- Uzule, K.; Verina, N. Digital Barriers in Digital Transition and Digital Transformation: Literature Review. Econ. Cult. 2023, 20, 125–143. [Google Scholar] [CrossRef]
- Zaloznova, Y.; Pankova, O.; Ostafiichuk, Y. Global and Ukrainian labor markets in the face of digitalization challenges and the threats of the Covid-19 pandemic. Virtual Econ. 2020, 3, 106–130. [Google Scholar] [CrossRef]
- Dzwigol, H.; Dzwigol–barosz, M.; Kwilinski, A. Formation of global competitive enterprise environment based on industry 4.0 concept. Int. J. Entrep. 2020, 24, 9–17. [Google Scholar]
- Pankova, M.; Kwilinski, A.; Dalevska, N.; Khobta, V. Modeling the Level of the Enterprise’ Resource Security Using Artificial Neural Networks. Virtual Econ. 2023, 6, 71–91. [Google Scholar] [CrossRef] [PubMed]
- Kusuma, G.A.T.; Sapta, I.K.S.; Wijana, I.M.D.; Tahu, G.P.; Indiani, N.L.P. Building SMEs’ passion for utilizing digital media: A study of SMEs during the COVID-19 pandemic. Forum Sci. Oecon. 2022, 10, 151–168. [Google Scholar] [CrossRef]
- Molchanova, K. Organization of aviation enterprises’ interaction based on the digital platform. Virtual Econ. 2021, 4, 77–97. [Google Scholar] [CrossRef]
- Melnyk, L.; Derykolenko, O.; Kubatko, O.; Matsenko, O. Business Models of Reproduction Cycles for Digital Economy. CEUR Workshop Proc. 2019, 2393, 269–276. [Google Scholar]
- Kwilinski, A.; Kuzior, A. Cognitive technologies in the management and formation of directions of the priority development of industrial enterprises. Manag. Syst. Prod. Eng. 2020, 28, 133–138. [Google Scholar] [CrossRef]
- Xiang, S.; Wu, W. Recent developments and implications of OECD Digital economic accounting research. Stat. Res. 2018, 12, 3–15. [Google Scholar]
- Xu, X.; Zhang, M. Research on the scale measurement of China’s digital economy: From the perspective of International comparison. Chin. Ind. Econ. 2020, 05, 23–41. [Google Scholar]
- Wang, K.; Wu, G.; Zhang, G. Does the development of digital economy improve production efficiency? Economics 2020, 10, 24–34. [Google Scholar]
- Chen, X.; Zhang, H. How the Digital economy affects the level of corporate risk taking. Econ. Manag. 2021, 05, 93–108. [Google Scholar]
- Teng, L.; Ma, D. Can Digital Finance Promote high-quality development? Stat. Res. 2020, 11, 80–92. [Google Scholar]
- Kang, L.; Huang, H. Comprehensive Evaluation and Empirical Research on high-quality development of sports industry in the New era. J. Tianjin Univ. Phys. Educ. 2019, 38, 25–31. [Google Scholar]
- Cai, J.-H.; Li, Z.-G.; Shen, K.-Y. Dynamic mechanism and promotion path of high-quality development of sporting goods manufacturing industry: A case study of Anta Sporting Goods Co., Ltd. J. Wuhan Phys. Educ. Univ. 2020, 12, 53–60. [Google Scholar]
- Shen, K.; Lin, S.; Dong, Q.; Mou, L.; Lv, W. Transformation mechanism and promotion strategy of high-quality development of sports industry driven by digital economy. Phys. Educ. Res. 2022, 3, 46–59. [Google Scholar]
- Gruettner, A. What We Know and What We Do Not Know About Digital Technologies in the Sports Industry. Completed Research. In Proceedings of the Americas Conference on Information Systems (AMCIS), Cancún, Mexico, 15–17 August 2019. [Google Scholar]
- Li, K.; Kim, D.J.; Lang, K.R.; Kauffman, R.J.; Naldi, M. How should we understand the digital economy in Asia? Critical assessment and research agenda. Electron. Commer. Res. Appl. 2020, 44, 101004. [Google Scholar] [CrossRef] [PubMed]
- Carujo, S.; Anunciação, P.; Santos, J. The Project Management Approach. A Critical Success Factor in Digital Transformation Initiatives. Econ. Cult. 2022, 19, 64–74. [Google Scholar] [CrossRef]
- Zhanibek, A.; Abazov, R.; Khazbulatov, A. Digital transformation of a country’s image: The case of the Astana international finance center in Kazakhstan. Virtual Econ. 2022, 5, 71–94. [Google Scholar] [CrossRef] [PubMed]
- Lv, C.; Wang, Y.; Jin, C. The possibility of sports industry business model innovation based on blockchain technology: Evaluation of the innovation efficiency of listed sports companies. PLoS ONE 2022, 17, e0262035. [Google Scholar] [CrossRef]
- Michulek, J.; Gajanova, L. Is the Concept of Industry 4.0 Still Interesting for Scientists due to the Emergence of Industry 5.0? Bibliometric Analysis. Econ. Cult. 2023, 20, 1–16. [Google Scholar] [CrossRef]
- Kwilinski, A.; Hnatyshyn, L.; Prokopyshyn, O.; Trushkina, N. Managing the logistic activities of agricultural enterprises under conditions of digital economy. Virtual Econ. 2022, 5, 43–70. [Google Scholar] [CrossRef]
- Frizziero, L.; Leon-Cardenas, C.; Colasurdo, G.; Vicaretti, A.; Liverani, A. IDeS (industrial design structure) method applied to the automotive design framework: Two sports cars with shared platform. Inventions 2022, 7, 36. [Google Scholar] [CrossRef]
- Si, H.; Tian, Z.; Guo, C.; Zhang, J. The driving effect of digital economy on green transformation of manufacturing. Energy Environ. 2023, 0958305X231155494. [Google Scholar] [CrossRef]
- Tang, R. Digital economy and total factor productivity of tourism enterprises in China: The perspective of market competition theory. Curr. Issues Tour. 2023, 1–16. [Google Scholar] [CrossRef]
- Shan, S.; Pan, J. The Effectiveness Evaluation Method of Regional Digital Economy Innovation Model Based on Intelligent Computing. Math. Probl. Eng. 2022, 2022, 8136437. [Google Scholar] [CrossRef]
- Qian, W.; Liu, H.; Pan, F. Digital economy, industry heterogeneity, and service industry resource allocation. Sustainability 2022, 14, 8020. [Google Scholar] [CrossRef]
- Li, Z.; Hong, Y.; Zhang, Z. The empowering and competition effects of the platform-based sharing economy on the supply and demand sides of the labor market. J. Manag. Inf. Syst. 2021, 38, 140–165. [Google Scholar] [CrossRef]
- Lukacs, G. The labor of cute: Net idols, cute culture, and the digital economy in contemporary Japan. Positions Asia Crit. 2015, 23, 487–513. [Google Scholar] [CrossRef]
- Yuan, J.; Zhou, Y.; Liu, Y. Convergence Evaluation of Sports and Tourism Industries in Urban Agglomeration of Guangdong–Hong Kong–Macao Greater Bay Area and Its Spatial-Temporal Evolution. Sustainability 2022, 14, 10350. [Google Scholar] [CrossRef]
- Li, J.; Huang, S.; Min, S.; Bu, T. Modeling the Driving Factors of the Value Added in the Chinese Sports Industry: A Ridge Regression. Sustainability 2022, 14, 7170. [Google Scholar] [CrossRef]
- Zhang, Q.; Yang, M.; Lv, S. Corporate Digital Transformation and Green Innovation: A Quasi-Natural Experiment from Integration of Informatization and Industrialization in China. Int. J. Environ. Res. Public Health 2022, 19, 13606. [Google Scholar] [CrossRef]
- Gammelsæter, H.; Loland, S. Code Red for Elite Sport. A critique of sustainability in elite sport and a tentative reform programme. Eur. Sport Manag. Q. 2023, 23, 104–124. [Google Scholar] [CrossRef]
- Jones, C.I.; Tonetti, C. Nonrivalry and the economics of data. Am. Econ. Rev. 2020, 110, 2819–2858. [Google Scholar] [CrossRef]
- Alabi, K. Digital blockchain networks appear to be following Metcalfe’s Law. Electron. Commer. Res. Appl. 2017, 24, 23–29. [Google Scholar] [CrossRef]
- Wang, P.; Cen, C. Does digital economy development promote innovation efficiency? A spatial econometric approach for Chinese regions. Technol. Anal. Strateg. Manag. 2022, 1–15. [Google Scholar] [CrossRef]
- Huang, J.; Jin, H.; Ding, X.; Zhang, A. A Study on the Spatial Correlation Effects of Digital Economy Development in China from a Non-Linear Perspective. Systems 2023, 11, 63. [Google Scholar] [CrossRef]
- Du, M.; Ren, S. Does the digital economy promote industrial green transformation? Evidence from spatial Durbin model. J. Inf. Econ. 2023, 1, 1–17. [Google Scholar] [CrossRef]
- Chen, W.; Du, X.; Lan, W.; Wu, W.; Zhao, M. How can digital economy development empower high-quality economic development? Technol. Econ. Dev. Econ. 2023, 29, 1168–1194. [Google Scholar] [CrossRef]
- Tao, Z.; Zhi, Z.; Shangkun, L. Digital Economy, Entrepreneurship, and High Quality Economic Development: Empirical Evidence from Urban China. Front. Econ. China 2022, 17, 393–426. [Google Scholar]
- Hu, X.; Guo, P. A spatial effect study on digital economy affecting the green total factor productivity in the Yangtze River Economic Belt. Environ. Sci. Pollut. Res. 2022, 29, 90868–90886. [Google Scholar] [CrossRef]
- Cui, L.; Hou, Y.; Liu, Y.; Zhang, L. Text mining to explore the influencing factors of sharing economy driven digital platforms to promote social and economic development. Inf. Technol. Dev. 2021, 27, 779–801. [Google Scholar] [CrossRef]
- Yang, H.; Jiang, L. Digital economy, spatial effect and total factor productivity. Stat. Res. 2021, 38, 3–15. [Google Scholar]
- Deng, X.; Liu, Y.; Xiong, Y. Analysis on the development of digital economy in Guangdong province based on improved entropy method and multivariate statistical analysis. Entropy 2020, 22, 1441. [Google Scholar] [CrossRef]
- Liu, W.; Miao, Z. Research on the Relationship between Dynamic Evaluation of Digital Economy and Regional Income Based on Entropy Method. Acad. J. Bus. Manag. 2022, 4, 30–40. [Google Scholar]
- Liu, Z.; Guo, R.; Liu, J.; Dong, F.; Shi, Y.; Cai, Q. Research and Prospect Analysis of Sports Consumption Willingness Based on Public Health Emergencies. Front. Psychol. 2022, 12, 6652. [Google Scholar] [CrossRef]
- Piras, G.; Postiglione, P. A deeper look at impacts in spatial Durbin model with Sphet. Geogr. Anal. 2022, 54, 664–684. [Google Scholar] [CrossRef]
- Huang, Q.; Yu, Y.; Zhang, S. Internet development and productivity improvement in manufacturing industry: Internal mechanism and Chinese experience. Chin. Ind. Econ. 2019, 8, 5–23. [Google Scholar]
- Nunn, N.; Qian, N. US Food Aid and Civil Conflict. Am. Econ. Rev. 2014, 104, 1630–1666. [Google Scholar] [CrossRef] [Green Version]
- Letunovska, N.; Saher, L.; Vasylieva, T.; Lieonov, S. Dependence of public health on energy consumption: A cross-regional analysis. E3S Web Conf. 2021, 250, 04014. [Google Scholar] [CrossRef]
Index | Subindex |
---|---|
Economic Benefit | |
1. Industry scale | The share of added value from SI in GDP |
The share of SI in GDP | |
Total output of SI | |
Added value of SI | |
Sports manufacturing industry accounts for the share of SI | |
The share of added value of sports manufacturing industry in SI | |
2. Finance support | Local fiscal expenditures for culture, sports and media |
Year-on-year growth rate of fixed asset investment in culture, sports and entertainment | |
3. Wage income | Total salaries of persons employed in the cultural, sports and entertainment industries in urban units |
Average wages of persons employed in the cultural, sports and entertainment industries in urban units | |
Culture, sports and entertainment industry Average wage of employed persons in urban private units | |
Social Benefit | |
4. Employment absorption | Persons employed in cultural, sports and entertainment industries in urban units |
Number of cultural, sports and entertainment legal persons | |
Harmonious Development | |
5. The industrial structure is advanced | Sports service industry accounts for the proportion of SI |
Proportion of added value of sports service industry in added value of SI |
Index | Subindex |
---|---|
Carrier of DE development | |
1. Traditional infrastructure | Number of broadband Internet access ports |
Internet domain name number | |
Cable length | |
2. New infrastructure | Number of cell phone base stations |
Mobile phone penetration | |
Number of Internet users | |
DE development environment | |
3. R&D Investment | R&D personnel of industrial enterprises above designated size are equivalent to full-time equivalent |
R&D expenditure of industrial enterprises above designated size | |
Number of R&D projects (projects) of industrial enterprises above designated size | |
4. Intellectual support | Number of institutions of higher learning |
Number of students enrolled in regular institutions of higher learning | |
Number of employees in information service industry | |
Digital industrialization | |
5. Communication service | Online mobile payment level |
6. Software and information technology services scale | Software revenue |
Output value of information service industry | |
Telecommunication traffic volume | |
Total amount of technical contract transactions | |
Industry digitization | |
7. Digital finance | Coverage of digital finance |
Depth of use of digital finance | |
Digital finance digitization degree |
Variable | Mean | Sta | Min | Max | VIF |
---|---|---|---|---|---|
Sh | 0.263 | 0.107 | 0.099 | 0.585 | 5.15 |
Sc | 0.240 | 0.149 | 0.023 | 0.806 | 2.40 |
Inn | 6.474 | 1. 030 | 4.016 | 8.155 | 3.45 |
Per | 8.501 | 0.607 | 7.232 | 9.443 | 4.57 |
Inf | 11.718 | 0.975 | 9.466 | 12.885 | 1.05 |
Gov | 0.204 | 0.057 | 0.119 | 0.382 | 2.87 |
Ope | 0.349 | 0.297 | 0.027 | 1.215 | 2.57 |
Gdp | 1.546 | 0.998 | 0.589 | 4.712 | 1.25 |
Emp | 0.041 | 0.048 | 0.001 | 0.217 | 3.36 |
Variable | Model (1) | Model (2) | Model (3) | Model (4) | Model (5) | Model (6) |
---|---|---|---|---|---|---|
Sc | 0.635 *** (0.030) | 0.617 *** (0.039) | 0.558 *** (0.049) | 0.568 *** (0.058) | 0.465 *** (0.080) | 0.460 *** (0.078) |
Per | −0.025 (0.015) | −0.030 (0.020) | 0.120 (0.193) | −0.052 (0.198) | ||
Inf | −0.006 (0.008) | 0.013 (0.018) | −0.207 ** (0.0545) | −0.176 * (0.053) | ||
Gov | −0.392 *** (0.089) | −0.390 *** (0.095) | 0.022 (0.103) | 0.118 (0.133) | ||
Ope | 0.045 (0.031) | −0.054 (0.042) | ||||
Gdp | 0.011 (0.011) | 0.011 (0.022) | ||||
Emp | −0.086 (0.189) | 1.913 (0.963) | ||||
constant | 0.110 *** (0.087) | 0.489 *** (0.075) | 0.293 * (0.143) | 0.161 *** (0.011) | 1.178 (1.414) | 1.817 (1.394) |
fixed time | NO | NO | NO | YES | YES | YES |
Provincial fixation | NO | NO | NO | YES | YES | YES |
sample size | 119 | 119 | 119 | 119 | 119 | 119 |
Adj-R2 | 0.782 | 0.831 | 0.833 | 0.967 | 0.971 | 0.973 |
Variable | Sh | Inn | Sh |
---|---|---|---|
Sc | 0.558 *** (0.049) | 2.875 *** (0.286) | 0.691 *** (0.066) |
Inn | 0.046 ** (0.159) | ||
con | YES | YES | YES |
constant | 0.293 * (0.143) | 4.090 *** (1.434) | 0.481 ** (0.152) |
fixed time | YES | YES | YES |
Provincial fixation | YES | YES | YES |
sample size | 119 | 119 | 119 |
Adj-R2 | 0.833 | 0.921 | 0.844 |
Ind_eff test | −1.48 | 0.003 | [−0.110, −0.015] |
Dir-eff test | 0.51 | 0.000 | [0.029, 0.091] |
Sobel test | 0.132 *** (0.0474) | ||
Goodman-1 (Aroian) | 0.132 *** (0.048) | ||
Mediating effect coefficient | 0.132 *** (0.047) | ||
Direct effect coefficient | 0.691 *** (0.66) | ||
Proportion of mediating effect to total effect | 0.237 |
Threshold Model | Threshold Value | F Value | p Value | Critical Values of Different Significance Levels | ||
---|---|---|---|---|---|---|
10% | 5% | 1% | ||||
Single threshold | 0.119 | 25.610 | 0.028 | 19.903 | 22.944 | 30.431 |
Double threshold | 0.177 | 22.730 | 0.035 | 17.878 | 21.568 | 27.415 |
Triple threshold | 0.281 | 12.980 | 0.398 | 30.4231 | 36.4082 | 51.429 |
Variable | Coefficient | SE | t Value | p Value |
---|---|---|---|---|
Per | −0.542 | 0.168 | −3.220 | 0.002 |
Inf | 0.020 | 0.041 | 0.490 | 0.623 |
Gov | 0.310 | 0.123 | 2.530 | 0.013 |
Ope | −0.008 | 0.033 | −0.250 | −0.730 |
Gdp | 0.048 | 0.021 | 2.310 | 0.023 |
Emp | 1.225 | 0.862 | 1.420 | 0.159 |
Sc ≤ 0.119 | 0.736 | 0.041 | 17.150 | 0.000 |
0.119 < Sc ≤ 0.177 | 0.791 | 0.048 | 16.430 | 0.000 |
Sc > 0.177 | 0.538 | 0.045 | 11.900 | 0.000 |
constant | 4.380 | 1.414 | 3.100 | 0.003 |
sample size | 119 | |||
fixed time | YES | |||
Provincial fixation | YES | |||
Adj-R2 | 0.899 |
Year | Adjacent Space Matrix | Economic Spatial Matrix | Economic Geography Nested Matrix | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Sh | Sc | Sh | Sc | Sh | Sc | |||||||
I | Z | I | Z | I | Z | I | Z | I | Z | I | Z | |
2014 | 0.205 ** | 1.409 | 0.157 ** | 1.578 | 0.312 ** | 2.315 | 0.295 ** | 1.231 | 0.133 ** | 1.275 | 0.276 ** | 1.263 |
2015 | 0.267 ** | 1.738 | 0.241 ** | 1.984 | 0.357 *** | 2.605 | 0.363 ** | 2.524 | 0.203 ** | 1.732 | 0.254 ** | 1.649 |
2016 | 0.329 ** | 2.071 | 0.379 ** | 2.566 | 0.427 *** | 3.045 | 0.467 *** | 3.119 | 0.253 ** | 2.065 | 0.335 ** | 2.172 |
2017 | 0.389 ** | 2.394 | 0.396 ** | 2.798 | 0.456 *** | 3.239 | 0.479 *** | 3.140 | 0.287 ** | 2.296 | 0.361 ** | 2.465 |
2018 | 0.366 ** | 2.292 | 0.421 ** | 3.107 | 0.434 *** | 3.129 | 0.547 ** | 3.883 | 0.262 ** | 2.149 | 0.389 ** | 2.781 |
2019 | 0.349 ** | 2.211 | 0.457 ** | 3.201 | 0.424 *** | 3.072 | 0.575 ** | 4.126 | 0.242 ** | 2.027 | 0.414 ** | 3.121 |
2020 | 0.340 ** | 2.131 | 0.342 ** | 2.99 | 0.390 *** | 2.818 | 0.495 *** | 3.535 | 0.228 ** | 1.904 | 0.421 ** | 3.356 |
Quadrant | Spatial Correlation Model | Area | Quantity |
---|---|---|---|
One | H-H gather | Fujian, Guangdong, Zhejiang, Shanghai, Jiangsu | 5 |
Two | L-H gather | Inner Mongolia, Tianjin | 2 |
Three | L-L gather | Liaoning, Guizhou, Chongqing, Anhui, Hunan, Henan, Hebei, Sichuan | 8 |
Four | H-L gather | Beijing, Shandong | 2 |
Quadrant | Spatial Correlation Model | Area | Quantity |
---|---|---|---|
One | H-H gather | Fujian, Guangdong, Zhejiang, Shanghai, Jiangsu | 5 |
Two | L-H gather | Inner Mongolia, Tianjin, Anhui | 3 |
Three | L-L gather | Liaoning, Guizhou, Chongqing, Hunan, Hebei, Henan | 6 |
Four | H-L gather | Beijing, Shandong, Sichuan | 3 |
LM Test | LM Value | p Value |
---|---|---|
LM-error | 0.198 | 0.016 |
Robust LM-error | 4.701 | 0.030 |
LM-lag | 38.029 | 0.000 |
Robust LM-lag | 42.532 | 0.000 |
Wald Test | LM Value | p Value |
---|---|---|
SEM | 56.12 | 0.000 |
SAR | 55.69 | 0.000 |
Variable | (1) SAR | (2) SEM | (3) SDM |
---|---|---|---|
Sc | 0.486 *** (7.33) | 0.568 *** (5.87) | 0.799 *** (9.753) |
Per | −0.147 (−0.87) | −0.115 (−0.64) | −0.507 *** (−2.950) |
Inf | −0.139 *** (−2.96) | −0.165 *** (−3.63) | −0.022 (−0.489) |
Gov | 0.113 (1.02) | 0.185 * (1.65) | 0.076 (0.744) |
Ope | −0.038 (−1.06) | −0.062 * (−1.87) | −0.038 (−1.101) |
Gdp | 0.014 (0.78) | 0.006 (0.32) | −0.001 (−0.033) |
Emp | 1.968 ** (2.46) | 2.493 *** (3.01) | 2.809 *** (3.720) |
W Sc | 0.854 *** (4.819) | ||
−0.754 * (−1.918) | |||
−0.037 (−0.343) | |||
1.009 *** (3.169) | |||
0.016 (0.301) | |||
0.053 (1.213) | |||
1.760 (0.818) | |||
Adj-R2 | 0.846 | 0.852 | 0.924 |
Log-L | 332.533 | 332.411 | 356.590 |
0.0003 *** (7.87) | 0.0004 *** (7.40) | 0.0002 *** (7.45) | |
Hausman | 126.66 *** | ||
LR test | 48.11 *** | 48.36 *** | |
N | 119 | 119 | 119 |
Variable | Direct Effect | Indirect Effect | Gross Effect |
---|---|---|---|
Sc | 0.763 *** (9.728) | 0.560 *** (3.609) | 1.323 *** (6.432) |
Per | −0.480 *** (−2.815) | −0.522 (−1.498) | −1.002 ** (−2.421) |
Inf | −0.014 (−0.307) | −0.027 (−0.284) | −0.040 (−0.440) |
Gov | 0.011 (0.097) | 0.865 *** (3.116) | 0.876 *** (3.372) |
Ope | −0.040 (−1.131) | 0.024 (0.504) | −0.016 (−0.328) |
Gdp | −0.004 (−0.230) | 0.047 (1.274) | 0.043 (1.090) |
Emp | 2.746 *** (3.199) | 0.938 (0.492) | 3.684 ** (2.178) |
Variable | (1) Replace Sc | (2) Sc 25% | (3) Sc 50% | (4) Sc 75% | (5) Lag-one-sc | (6) Lag-two-sc | (7) 2SLS |
---|---|---|---|---|---|---|---|
new_ Sc | 0.272 *** (0.023) | ||||||
Sc | 0.451 ** (0.184) | 0.670 ** (0.181) | 0.640 *** (0.205) | 0.511 *** (0.092) | 0.551 *** (0.104) | 0.555 *** (0.137) | |
constant | −2.491 (1.404) | 1.147 (2.300) | 3.279 (2.219) | 3.743 (2.699) | 1.769 (1.517) | 0.707 (1.630) | 2.844 (1.481) |
control variable | YES | YES | YES | YES | YES | YES | YES |
control variable | NO | YES | YES | YES | YES | YES | YES |
control variable | YES | YES | YES | YES | YES | YES | YES |
sample size | 119 | 119 | 119 | 119 | 119 | 119 | 119 |
Adj-R2 | 0.961 | 0.968 | 0.881 | 0.890 | 0.980 | 0.987 | 0.986 |
Variable | (1) Reference Model | (2) Mediator Model | (3) Spatial Model |
---|---|---|---|
Sc | 0.811 *** (16.59) | 0.954 *** (11.55) | 0.353 *** (2.839) |
Inn | 0.061 *** (−3.13) | ||
Per | −0.739 *** (−4.08) | −0.683 *** (−3.43) | 0.770 *** (5.003) |
Inf | −0.136 *** (−3.34) | −0.038 (−0.77) | −0.356 *** (−7.307) |
Gov | −0.061 (−0.47) | −0.105 (−0.73) | 0.269 ** (2.142) |
Ope | −0.001 (−0.03) | 0.019 (0.47) | −0.049 (−1.096) |
Gdp | −0.002 (−0.09) | 0.018 (0.69) | 0.019 (0.969) |
Emp | 3.361 *** (3.96) | 3.465 *** (3.48) | 1.230 (1.372) |
sc | 0.546 *** (2.806) | ||
1.633 *** (2.646) | |||
−0.171 (−1.215) | |||
1.187 *** (4.308) | |||
0.086 (0.602) | |||
−0.027 (−0.405) | |||
0.955 (0.254) | |||
Stage one F number | 22.617 | ||
Adj-R2 | 0.974 | 0.970 | 0.570 |
0.000 *** (7.712) | |||
N | 119 | 119 | 119 |
Kleibergen–Paap rk LM | 16.91 [0.000] | 17.35 [0.000] | |
Kleibergen–Paap rk Wald F | 51.96 {16.38} | 29.07 {16.38} | |
Cons | 6.893 *** (4.76) | 5.788 *** (4.04) | |
Fixed time | YES | YES | |
Provincial fixation | YES | YES |
Disclaimer/Publisher’s Note: The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content. |
© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Share and Cite
Wei, X.; Zhang, J.; Lyulyov, O.; Pimonenko, T. The Role of Digital Economy in Enhancing the Sports Industry to Attain Sustainable Development. Sustainability 2023, 15, 12009. https://doi.org/10.3390/su151512009
Wei X, Zhang J, Lyulyov O, Pimonenko T. The Role of Digital Economy in Enhancing the Sports Industry to Attain Sustainable Development. Sustainability. 2023; 15(15):12009. https://doi.org/10.3390/su151512009
Chicago/Turabian StyleWei, Xiaolong, Jianwei Zhang, Oleksii Lyulyov, and Tetyana Pimonenko. 2023. "The Role of Digital Economy in Enhancing the Sports Industry to Attain Sustainable Development" Sustainability 15, no. 15: 12009. https://doi.org/10.3390/su151512009
APA StyleWei, X., Zhang, J., Lyulyov, O., & Pimonenko, T. (2023). The Role of Digital Economy in Enhancing the Sports Industry to Attain Sustainable Development. Sustainability, 15(15), 12009. https://doi.org/10.3390/su151512009