Study on the Efficiency Measurement and Influencing Factors of Finance Promoting the Sports Industry Development——Empirical Analysis Based on DEA-Tobit Model
Under the background of the new normal economy,the financial industry plays an important role in promoting the development of sports industry.It is of great significance to study the relationship between the financial industry and sports industry to promote the coordinated development of financial-sports system.This paper takes the financial support efficiency of listed sports companies in China from 2007 to 2022 as the research object,uses the DEA-BCC model to calculate the financial support efficiency,and analyzes the influencing factors Tobit the panel model.The test results show that the efficiency of financial support sports industry in China is more than 0.The financial support sports industry in the eastern region and the main board market has a certain representative level and is basically consistent with the trend of the whole sample.Finally,this paper from the government,financial regulatory authorities,sports enterprises themselves put forward some suggestions to promote the efficiency of financial support sports industry.
Sports IndustryFinancial support efficiencyInfluencing factorsDea-tobit modelEmpirical analysis