Applied Mathematics and Nonlinear Sciences
Journal license

Journal

Applied Mathematics and Nonlinear Sciences


Volume
& Issue

Volume 8, Issue 2


Published
on

November 27, 2023


Pages


DOI

Article

The Relationship between Structural Upgrading and Economic Growth of Sports Industry Based on AD-AS Modeling

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Authors

Baixiang Wang Affiliation:
Department of Physical Education, Lanzhou University of Finance and Economics, Lanzhou, Gansu, 730020, China.


Abstract

This paper determines the structural upgrading measurement indexes of the sports industry by analyzing the metrics from three perspectives: industrial structure advancement, rationalization, and coordination. With reference to the AD-AS model in economics, it introduces the positive exchange factor to improve the comprehensive supply model, utilizes the pressure factor and the negative exchange factor to improve the comprehensive supply-demand model, and obtains the improved SAD-SAS model. Based on the equilibrium relationship between aggregate supply and aggregate demand, five hypotheses regarding influence are proposed. The results show that the output growth rate fluctuation coefficient of the sports industry is 0.25-0.45, and the time, robust, and spatial elasticity economic growth volume shows a stable incremental curve with the incremental increase of time, which illustrates that the structural upgrading of the sports industry and the economic growth is a positive effect significant relationship.


Keywords

AD-AS model, Positive exchange factor, Sports industry, Economic Variables, Industry structure evolution, 62P20


Citation

Wang, B. (2023). The relationship between structural upgrading and economic growth of sports industry based on AD-AS modeling. Applied Mathematics and Nonlinear Sciences, 8(2). https://doi.org/10.2478/amns.2023.2.01250

Published by: Engineering Journals

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