期刊名称：International Journal of Academic Research in Business and Social Sciences
电子版ISSN：2222-6990
出版年度：2020
卷号：10
期号：10
页码：950-965
DOI：10.6007/IJARBSS/v10-i10/7910
语种：English
出版社：Human Resource Management Academic Research Society
摘要：Sports activities have an increasingly important role in contemporary societies. Academic research is increasingly investigating topics related to sports financing, economic effects, sports business, effects on human social capital, etc. Our study looks at the effects of basic and extended funding for sport on a sample of 32 European countries, most of which are members of the European Union. The data are provided by international institutions such as the World Bank, World Health Organization, Global Health Observatory, Global Association of International Sports Federations and national sport institutions from the sampled countries. The results of the OLS cross-country regressions clearly demonstrate the positive role of sports financing on sports performance in international competitions, life expectancy and population health. Based on the results from the regressions, the real sports performances of the countries are analyzed compared to the hypothetical performances conditioned by a certain level of financing and of the gross domestic product. As a result of the main findings, recommendations are formulated regarding future studies and policies of regulatory institutions.
