The dynamic effect of international tourism on economic development: China's experience

被引:3
|
作者
Wu, Tsung-Pao [1 ]
Wu, Hung-Che [2 ]
Wei, Zun-Ren [1 ]
Chen, Yuanyi [1 ]
Gao, Rui [3 ]
机构
[1] Beijing Inst Technol, Inst Greater Bay Area Dev, Sch Accounting & Finance, Zhuhai, Peoples R China
[2] Univ Calif San Diego, Dept Econ, La Jolla, CA USA
[3] Guangdong Univ Finance, Fintech Engn Technol Dev Ctr, Guangzhou, Peoples R China
关键词
Tourism activities; economic development; multivariate quantile-on-quantile; international tourism; China's regions; POLICY UNCERTAINTY; GROWTH HYPOTHESIS; CAUSALITY; DEMAND;
D O I
10.1080/19407963.2023.2189263
中图分类号
F [经济];
学科分类号
02 ;
摘要
This is the first work to use the novel multivariate quantile-on-quantile method re-examining the growth hypothesis in China's 12 western regions. The findings show a favorable association between tourism and economic development in western areas, with significant variability among these regions and quantiles within each region. Gansu, Shanxi, Tibet and Xinjiang were identified as having the weakest linkages, presumably as a result of the tourism industry's relatively low importance in comparison to other important economic activity in China's 12 western regions. As a result, across a wide variety of locations, including Chognqing, Inner Mongolia and Ningxia, the most pronounced correlation between tourism and economic development was shown to be positive for the vast majority of quantile combinations.
引用
收藏
页数:19
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