The Analysis Of Sports Events' Economic Effect

As the position of the sports industry's in the national economy increasingly highlighted, people begin to pay attention to the sports events' impact on the regional economic.The economic effects of sporting events on the host city include:economic growth effects,industrial structure effects,regional agglomeration effect and the effect of regional innovation.The economic growth effects of sporting events means it have a role in promoting the regional investment,consumption,import and export in the short term.It also affects the science & technology and enhances the human capital elements to promote the regional economic development in the long-term.The industrial Structure effects means a wide range Industry relevance of sporting events promote the upgrading of regional industrial structure.It can promote regional secondary and tertiary industries.The regional agglomeration effect includes the brand effect and spatial agglomeration effects;it means region can improve the functions of itself to get the "city card".It can attract a large number of resources in a high degree of aggregation to result greater economic benefits.The effect of regional innovation can not be separated from the scientific characteristics of modern sporting events;it brings the system of innovation and cultural innovation to lead the long-term economic development.In the empirical part of this paper,the Beijing Olympic Games as an example,Beijing's Olympic bid or not to dummy variables for the explanatory variables.It demonstrated that the Olympic tournament in Beijing's brought positive effects in the aspects of the economic growth, the industrial structure upgrading,the regional clustering and the innovation.