RETRACTED ARTICLE: Can the sports industry foster the transition to net-zero and green growth?

Qian Zhang (), Linlin Sun () and Jian Xu ()
Additional contact information
Qian Zhang: Huangshan University
Linlin Sun: Zhijiang College of Zhejiang University of Technology
Jian Xu: South China University of Technology

Economic Change and Restructuring, 2024, vol. 57, issue 3, No 9, 16 pages

Abstract: Abstract This study explores the relationship between sports commodity imports and the green growth index in G20 economies from 2000 to 2020, using the cross-sectionally augmented autoregressive distributed lag technique. Our findings reveal a significant positive correlation, indicating that a 1% increase in sports commodity imports corresponds to notable short-term and long-term increases of 0.38% and 0.46%, underlining the sports industry’s vital role in advancing environmental sustainability. Conversely, detrimental effects on the green growth index are observed for the carbon footprint, waste generation, health expenditure, and foreign direct investment, emphasizing the need for sustainable practices. The enduring impact of these factors is consistently demonstrated. A robustness analysis, substituting the green growth index with green energy deployment, reaffirms the positive impact of sports commodity imports. Recommendations include incentivizing eco-friendly sports technologies, implementing stringent environmental standards, fostering collaboration, introducing tax incentives, and conducting comprehensive awareness campaigns.

Keywords: Green growth transformation; Sports industry; Imports of sports commodities; Carbon footprint; G20 (search for similar items in EconPapers)
JEL-codes: F14 L83 O19 Q54 Q56 Z23 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s10644-024-09689-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09689-8

Ordering information: This journal article can be ordered from
http://www.springer. ... nt/journal/10644/PS2

DOI: 10.1007/s10644-024-09689-8

Access Statistics for this article

Economic Change and Restructuring is currently edited by George Hondroyiannis

More articles in Economic Change and Restructuring from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().