This study estimates the short and long-term impacts of Chinese tourists on Vietnam's five leading inbound tourist markets. While most prior studies perceive crowding as an undesirable phenomenon relating to visitors' dissatisfaction and lower perceived destination attraction, this study extends the understanding of crowding's impacts on tourism by identifying crowding-out and crowding-in effects among tourist segments. The study contributes to the existing literature by considering crowding's impacts on different cultures in Vietnam's context, representing a fast-growing tourist destination that only earned a reputation in recent years and is different from ones previously considered. The methodology includes unit root, cointegration, causality testing, and application of the Limited Information Maximum Likelihood regression method. The findings indicate that Chinese tourist demand has primarily positive impacts on the other researched tourist markets. The findings provide practical implications for policymakers to strengthen inbound markets and enhance sustainabilityoriented tourism development in the long run.
机构:
Int Monetary Fund, Washington, DC 20431 USA
Univ Palermo, I-90128 Palermo, ItalyInt Monetary Fund, Washington, DC 20431 USA
Furceri, Davide
Sousa, Ricardo M.
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机构:
Univ Minho, Dept Econ & Econ Policies, Res Unit NIPE, P-4710057 Braga, Portugal
London Sch Econ, Financial Markets Grp FMG, London WC2 2AE, EnglandInt Monetary Fund, Washington, DC 20431 USA
机构:
Lanzhou Univ, Lanzhou, Peoples R ChinaLanzhou Univ, Lanzhou, Peoples R China
Wang, XueJun
Niu, XueJiao
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Lanzhou Univ, Lanzhou, Peoples R China
Lanzhou Univ, China Res Ctr Govt Performance Management, Sch Management, 222 South Tianshui Rd, Lanzhou 730000, Peoples R ChinaLanzhou Univ, Lanzhou, Peoples R China
机构:
Univ Venezia Ca Foscari, Dipartimento Econ, Cannaregio 873, I-30121 Venice, ItalyUniv Venezia Ca Foscari, Dipartimento Econ, Cannaregio 873, I-30121 Venice, Italy
Bernasconi, Michele
Corazzini, Luca
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机构:
Univ Padua, Dipartimento Sci Econ Marco Fanno, I-35123 Padua, Italy
Univ L Bocconi, ISLA, I-20136 Milan, ItalyUniv Venezia Ca Foscari, Dipartimento Econ, Cannaregio 873, I-30121 Venice, Italy
Corazzini, Luca
Marenzi, Anna
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Univ Insubria Varese, Dipartimento Econ, I-21100 Varese, ItalyUniv Venezia Ca Foscari, Dipartimento Econ, Cannaregio 873, I-30121 Venice, Italy