Empirical Analysis on the Relationship between Tourism Development and Economic Growth in Sichuan
نویسنده
چکیده
Sichuan has abundant tourist resources; the Government confirmed the tourism industry as the six pillar industries of the cross-century development in Sichuan. In recent years, the ratio of tourism to the province's GDP increased year by year. Based on stability test of the VAR model, this paper uses impulse response functions and variance decomposition method for econometric analysis, by using the economic data in 1990-2009 years. And the results indicated that, the development of tourism bases on economic growth, at the same time, economic growth is in need of tourism development.
منابع مشابه
The Contribution of Tourism Development to Economic Growth in the Iranian Provinces
Abstract: The main objective of this paper is to estimate the tourism impact on the economic growth of Iranian provinces over the period of 2000-2010. For achieving this aim, the panel data approach has been used to the economic growth modeling. The empirical findings show that tourist receipts have a positive impact on the economic growth in Iranian provinces. It was found that a 10 per...
متن کاملDoes Institutions Matter for Economic Development? Evidence for ASEAN Selected Countries
Abstract The theoretical and applied issues of the relationship between institutions and economic growth have thoroughly been examined in ASEAN countries. This study revisits the issue and tests the role of institutions in the economic growth using the World Governance Indicators (WGI) and uses a new method to examine the impact of the various institutions on the economic growth. We used dynam...
متن کاملThe Interactive Relationship between Economic Growth and Foreign Direct Investments (FDI): A VAR Analysis in Iran
T he impact of FDI on economic growth is neither homogeneous, nor completely clarified. Due to accumulation of capital in the host economy, FDI is expected to encourage the incorporation of new inputs and technologies in the process of production. However, the impact of FDI on economic growth is not so shaped up in empirical studies. Accordingly, while some studies remarked a positiv...
متن کاملThe Relationship between Tourism and Environmental Performance: The Case of Caspian Sea Nations
Tourism is a multidimensional economic activity that has an interaction with the environment. On one hand, environmental resources provide the raw material for tourism, while on the other, tourism imposes a variety of negative and positive impacts (wanted or unwanted) on the environment through the creation of various by-products. The main purpose of the current study is to investigate the rela...
متن کاملIV Estimation of a Panel Threshold Model of Tourism Specialization and Economic Development
Discussion Papers are a series of manuscripts in their draft form. They are not intended for circulation or distribution except as indicated by the author. For that reason Discussion Papers may not be reproduced or distributed without the written consent of the author. Abstract The significant impact of international tourism in stimulating economic growth is especially important from a policy p...
متن کامل