Beh, Chiu Luan and Chee, Yan Qi and Chong, Kai Ling and Ng, Nao Yin and Yong, Chung Hen (2019) The impact of sport mega event on Japan economy. Final Year Project, UTAR.
Abstract
The objective of the research is to study the mediation effect of unemployment rate on the sport event and Gross Domestic Product (GDP) to the hosting countries of the sport event which was Japan. Besides, this research also to examine how the sport event may bring significance effect to the economy growth in Japan. Multiple linear regression model was applied in the research to examine the relationship between explanatory variables (sport event, unemployment rate, foreign direct investment, inflation rate and exchange rate) and explained variable (GDP of Japan). Time series data from year 1980 to year 2016 with quarterly was applied which consist of 148 observations. Since the FIFA World Cup in year 2002 was discussed, the data was collected more than ten years before and after the event. SPSS Modeler was applied to conduct the test of mediation effect. The analysis results show that unemployment rate is a full mediator on the relationship between sport event and GDP but there are no direct effects between the sport events and GDP. Furthermore, the limitation and recommendation of the research was discussed in Chapter 5 in order to give advices for future researchers which related to this research.
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