PORT-OF-SPAIN, Trinidad (CMC):

The inaugural Caribbean Premier league (CPL) has generated a combine figure of US$105.6 million across the region, a study by the University of the West Indies has found.

The study by the Mona School of Business and Management (MSBM), UWI, says the competition boosted Gross Domestic Product (GDP) in some countries by as much as 0.7 per cent.

The CPL was launched last year to huge crowds, with over 250,000 spectators attending matches across Antigua, Barbados, Guyana, Jamaica, Trinidad and St Lucia.

"With the region still feeling the effects of the global financial crisis, CPL has been a real shot in the arm for the Caribbean," said Professor Densil Williams, UWI.