Tourism and Economic Development: A Multivariate Panel Granger Causality Test

被引:7
|
作者
Wu, Tsung-Pao [1 ]
Wu, Hung-Che [2 ]
Wu, Cheng-Feng [3 ]
Chen, Feng [4 ]
Wu, Su-Tsung [5 ]
机构
[1] Beijing Inst Technol, Sch Accounting & Finance, Zhuhai City, Guangdong, Peoples R China
[2] Sun Yat Sen Univ, Nanfang Coll, Guangzhou, Guangdong, Peoples R China
[3] Wuchang Univ Technol, Sch Business, Wuhan, Hubei, Peoples R China
[4] Beijing Inst Technol, Dept Finance, Zhuhai City, Guangdong, Peoples R China
[5] Sun Yat Sen Univ, Sch Tourism Management, Guangzhou, Peoples R China
关键词
China's regions; economic growth; international tourism receipts; dependency and heterogeneity; panel Granger causality test; LED GROWTH HYPOTHESIS; ENERGY-CONSUMPTION; MALAYSIA; SPECIALIZATION; COUNTRIES; INFERENCE; INCOME; NEXUS; MODEL; SOUTH;
D O I
10.1080/19388160.2020.1824836
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study applies a recently developed bootstrap multivariate panel Granger causality test to examine the causal relationship between international tourism receipts and economic growth in 20 regions of China for the period from 1995 to 2018. The results support evidence for the growth hypothesis in regions, such as Anhui, Henan, Hubei, Ningxia, and Shaanxi. A reverse relationship supports evidence of the conservation hypothesis for regions, such as Hunan and Inner Mongolia. In addition, a reciprocal causal relationship was found in Guangxi, Qinghai, Tibet, and Yunnan while the result of a neutrality hypothesis supported 9 of these 20 major regions (i.e., Chognqing, Gansu, Guizhou, Heilongjiang, Jiangxi, Jilin, Shanxi, Sichuan, and Xinjiang).
引用
收藏
页码:327 / 349
页数:23
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