Cointegration Analysis of Investment in Sports and Economy Development Level

This paper performs a cointegration analysis on time sequence data occurred during 1995 to 2009,which includes investment in sports,GDP and fiscal revenue of the whole China and all provincial regions.The analysis result shows no long-term balance is there between the investment in sports and GDP and fiscal revenue of the whole China and most of the provincial regions except Tianjin,Jiangsu,Anhui and Heilongjiang,which results from the insufficiency of investment in sports,difference of regional financial strength,lack of scientific investment plan in sports.