The Effects of Private Sector Investment in Sports Products Manufacturing Workshops on Iran's Gross Domestic Product

The production of sporting goods inside of Iran and investment in the development of these products can contribute to the country's economy and solve problems such as unemployment. The purpose of this study is to investigate the effect of private sector investment in sports goods manufacturing workshops on the country's gross domestic product during the years 1372 to 1392. Data and statistical information related to the GDP in the 21 years from the Central Bank site and the data related to industrial workshops on the production of sports goods were extracted from the results of surveys from industrial workshops of the country which published by the Statistics Centre of Iran during those years. Data analysis was performed using the 9th version of Eviows software using econometric method and ordinary least squares model. The results indicated that investing in sports goods manufacturing workshops had a negative and significant effect on the GDP of the country. Therefore, it seems that the state and private sector investment in sports goods manufacturing workshops and the expansion of these production units through productivity and other scientific tools can lead to the development of the country's sports industry and the increase of the GDP of the whole country. Therefore, it seems that the state and private sector investment in sports goods manufacturing workshops and the expansion of these production units through productivity and other scientific tools can lead to the development of the country's sports industry and the increase of the GDP of the whole country.