Sport Management Studies

The Effect of Exchange Rate Regimes on the Flow of Commerce Sport Groups in the Middle East: Spatial Econometric Approach

Document Type : Research Paper

Authors

Mohammad Rasool Khodadadi 1
Mohammad Sarlab 2
Sarah Masoomzadeh 3

1 Assistant Professor of Sport Management, University of Tabriz

2 M.Sc. of Economic Sciences, University of Shahid Beheshti

3 M.Sc. of Economic Sciences, University of Tabriz

https://doi.org/10.22089/smrj.2017.4151.1799
Abstract
One of the most important and most influential topics in macroeconomics and international economics is the choice of exchange rate regime. The type of exchange rate regime affects a wide range of economic variables in each country. Currency revenues on oil exports increase the importance of exchange rate regime and foreign exchange policies. As well as the exchange rate is an important factor in the rise and fall of nation’s commerce. This study aimed to investigate the exchange rate regimes on flow of sporting goods commerce group during the period 2013-1993 in the Middle East whit using panel data. Data sources were World Bank, the WTO, and the IMF and international information center. Stata 12software was used for data analysis. The results showed that commerce, GDP, distance, population and having a joint business agreement has a positive effect and having a common language, colonial and consolidated variable consumer price index and effective exchange rate has a negative effect on the flow of sporting goods group commerce. The GDP, a joint business agreement, a common language and colonial were statistically significant but other variables were not significant.

Keywords

Sporting Goods Commerce
Exchange Rate Regimes
Spatial Econometric Approach
Middle East Countries

Subjects

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Sport Management Studies
Volume 10, Issue 48
May and June 2018
Pages 17-36

  • Receive Date 14 May 2017
  • Revise Date 14 July 2017
  • Accept Date 12 August 2017

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