Assessing the role of sports economics and green supply chain management for the coordinative and coupling development of China's green economic growth.

Abstract

The significance of the sports economy to the national economy is growing as the country develops rapidly. The term "sports economy" is used to describe the economic activities that are directly or indirectly tied to sports. This work introduces a multi-objective optimization model for a green supply chain management system, intending to reduce the economic and environmental impact of storing and transporting potentially dangerous products. This research intends to examine the impact of the sports sector on green economic growth and competitiveness in the China region. An empirical analysis is conducted to determine the relationship between sports economics and green supply chain management by employing data on 25 provinces of the China region for 2000 and 2019. To fulfill this study's objective and determine the effect of carbon emission, this study will use renewable energy, sports economics, green supply chain management, information and communications technology, and waste recycling as explanatory variables. In order to obtain the desired objectives, the current study will use the short run and long run of the cross-sectionally augmented autoregressive distributed lag and pooled mean group tests. Besides, this study uses an augmented mean group, fully modified ordinary least square, and dynamic ordinary least square estimations for the robust check. In contrast, renewable energy, green supply chain management, sports economics, information and communications technology, and waste recycling decrease CO2 emissions and, therefore, facilitate the carbon-abatement agenda of the China region.