The Symmetric and Asymmetric in the Nexus Tourism and Economic Development in China

被引：0
|
作者：
Wu, Tsung Pao [1 ]
Wu, Hung-Che [2 ,5 ]
Ye, George L. [1 ]
Yao, Xingyuan [3 ]
Chen, Feng [4 ]
机构：
[1] Beijing Inst Technol, Inst Greater Bay Area Dev, Sch Accounting & Finance, Zhuhai, Guangdong, Peoples R China
[2] Univ Calif San Diego, Dept Econ, La Jolla, CA USA
[3] Zhejiang Financial Coll, Ecommerce & New Consumpt Inst, Res Ctr Reg Financial Dev, Hangzhou, Zhejiang, Peoples R China
[4] Australian Natl Univ, Coll Business & Econ, Canberra, Australia
[5] Univ Calif San Diego, Dept Econ, 9500 Gilman Dr, La Jolla, CA 92093 USA
来源：
CHINESE ECONOMY | 2023年 / 56卷 / 05期
关键词：
Tourism; economic growth; bootstrap multivariate asymmetric panel Granger causality test; China's provinces; GROWTH HYPOTHESIS; CAUSALITY ANALYSIS; INTEGRATION; COUNTRIES; POLICY; MODEL; ASIA;
D O I：
10.1080/10971475.2023.2173397
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
To account for potential asymmetries in the relationship, this study applies new bootstrap symmetric and asymmetric multivariate panel Granger causality test to examine the causal relationship between international tourism receipts (ITRs) and economic growth in China for the period from 1995 to 2019. The result supports evidence for the symmetric causality in Henan, showing significant one-way Granger causality from ITRs to real gross domestic product (RGDP). They also indicate that Hunan has significant one-way Granger causality from RGDP to ITRs. These results denote that the hidden tourism-led growth hypothesis is valid in Heilongjiang, Henan, Hubei and Jiangxi.
引用
收藏
页码：399 / 414
页数：16
相关论文
共 50 条
  • [41] China's economic development: does exchange rate and FDI nexus matter?
    Ahmad, Fayyaz
    Draz, Muhammad Umar
    Yang, Su-Chang
    ASIAN-PACIFIC ECONOMIC LITERATURE, 2019, 33 (02) : 81 - 93
  • [42] FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH NEXUS: ASYMMETRIC PANEL CAUSALITY ANALYSIS FOR THE FRAGILE FIVE COUNTRIES
    Cestepe, Hamza
    Tatar, Havanur Ergun
    JOURNAL OF MEHMET AKIF ERSOY UNIVERSITY ECONOMICS AND ADMINISTRATIVE SCIENCES FACULTY, 2022, 9 (01): : 542 - 560
  • [43] Tourism and China's Development: Policies, Regional Economic Growth and Ecotourism
    Ye, Lin
    JOURNAL OF THE AMERICAN PLANNING ASSOCIATION, 2008, 74 (01) : 150 - 151
  • [44] Tourism and China's development: Policies, regional economic growth and ecotourism
    Xie, PF
    ANNALS OF TOURISM RESEARCH, 2002, 29 (04) : 1181 - 1183
  • [45] The dynamic effect of international tourism on economic development: China's experience
    Wu, Tsung-Pao
    Wu, Hung-Che
    Wei, Zun-Ren
    Chen, Yuanyi
    Gao, Rui
    JOURNAL OF POLICY RESEARCH IN TOURISM LEISURE AND EVENTS, 2023,
  • [46] Ski Tourism: A Case Study as a Booster for the Economic Development of Chongli, in China
    Li, Jianxia
    Cernaianu, Sorina
    Sobry, Claude
    Liu, Xijia
    SUSTAINABILITY, 2021, 13 (23)
  • [47] Potential Economic Contribution of Regional Tourism Development in China: A Comparative Analysis
    Pratt, Stephen
    INTERNATIONAL JOURNAL OF TOURISM RESEARCH, 2015, 17 (03) : 303 - 312
  • [48] Tourism expansion and economic development: Evidence from the United States and China
    Chiu, Chia-Ning
    JOURNAL OF CHINA TOURISM RESEARCH, 2021, 17 (01) : 120 - 141
  • [49] Tourism and China's development: Policies, regional economic growth and ecotourism
    Hsu, CHC
    TOURISM MANAGEMENT, 2003, 24 (03) : 349 - 352
  • [50] An empiric on geopolitical risk and the tourism-economic growth nexus
    Kyaw, K. Sandar
    Luo, Yun
    De Vita, Glauco
    JOURNAL OF ECONOMIC STUDIES, 2024, 51 (07) : 1410 - 1424
12345