The Analysis and Research on the Influence of Sports Industry Development on Economic Development

Abstract

The rapid development of social economy will promote the development of sports industry and then have an impact on sports economy. By using the regression analysis method, this paper compares the influencing factors of sports industry development, aiming at exploring the influence of sports industry development on economic development and its future development trend. This paper takes 12 industries of sports industry development from January 2020 to January 2022 as research objects, compares the development of sports industry of different research objects, and determines the factors affecting sports industry. We compare the promotion of different factors to sports economy and provide support for the formulation of sports industry development measures. The results show that economic growth, sports industry types, the degree of integration between sports industry and economic development, sports industry action time, and sports industry scale are the main factors affecting sports industry and promote the development of sports economy. The above indexes can improve the economic level of sports industry, and the improvement degree is about 10∼20%. Therefore, local governments and sports organizations should formulate measures to promote the economic development of sports industry from the aspects of economic growth, sports industry types, integration degree between sports industry and economic development, action time of sports industry, and scale of sports industry.