Do Social Factors Contribute to International Sports Performance: A Panel Data Analysis of Countries' Performance in the Asian Games
Keywords:education expenditure, healthcare expenditure, social development, Asian games, and sports performance
Asia has become a leader in international sports championships, which justifies a greater emphasis on the region's sporting achievements. However, different economic, political, and social elements influence the region's performance since deteriorating social or economic systems can harm performance. This study examined the impact of social factors on the international athletic performance of Asian nations. To do so, we analyzed the effect of health expenditure, education expenditure, and development on sports performance from 1961 to 2018 while adjusting for gross domestic product and population growth. The data was evaluated using VAR, and the study's conclusions demonstrated a considerable correlation between social growth and national sporting performance. The paper includes recommendations for further research and consequences for the government and policymakers.