Sport Management Studies

The Effect of Exchange Rate Volatility on Trade Balance Sports Sector in Selected Countries in the MENA

Document Type : Research Paper

Authors

Roghayeh Sarlab 1
Mirhasan Seyed Ameri 2

1 Assistant Professor of Sport Management, Faculty of Sports Sciences, Urmia University

2 Professor of Sport Management, Faculty of Sports Sciences, Urmia

https://doi.org/10.22089/smrj.2020.8573.2930
Abstract
This study examined the effect of exchange rate volatility on trade balance sports sector in selected countries in the MENA. For this purpose, the export and import data of sports goods of 11 selected countries of Mena were collected during the period 2000-2018, which was from the website of the World Trade Center. The purpose of this study is applied research and descriptive-analytical in terms of research method. Data on exports and imports of goods and MENA selected countries of the World Trade Center site were collected. The statistics of variables related to countries GDP per capita, world GDP per capita and real exchange rate are also collected from the World Bank. Then, panel data methods such as fixed effects techniques, random effects and flexible squares were tried to select the best estimation model to interpret and present the results. Finally, after reviewing the necessary statistics, the final model was selected to interpret the results with the help of EViews version 9 software. The results showed that variables of real exchange rate logarithm, per capita GDP and world GDP logarithm have significant effect on logarithm of sport trade balance in MENA countries. Therefore, formulating appropriate policies to reduce dependence on imports of sports products and proper planning to improve the industry is necessary.

Keywords

Exchange Rate Volatility
Trade Balance Sports Sector
Export and Imports
Sports Industry

Main Subjects

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Sport Management Studies
Volume 12, Issue 64
January and February 2021
Pages 17-32

  • Receive Date 04 March 2020
  • Revise Date 28 June 2020
  • Accept Date 13 July 2020

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