Empirical Analysis on Relation between Domestic Tourism Industry and Economic Growth in China

被引:0
作者
Wang Liangju [1 ,2 ]
Li Wanlian [1 ]
Wang Yongpei [2 ]
机构
[1] Anhui Univ Finance & Econ, Sch Business Adm, Bengbu 233030, Anhui, Peoples R China
[2] Renmin Univ China, Sch Business, Beijing 100872, Peoples R China
来源
INFORMATION COMPUTING AND APPLICATIONS, PT I | 2011年 / 243卷
关键词
Domestic tourism Industry; Economic growth; Cointegration theory; Granger causality test;
D O I
暂无
中图分类号
TP [自动化技术、计算机技术];
学科分类号
0812 ;
摘要
Based on the data from 1984 to 2009, this paper takes an empirical analysis on the relation between China's economic growth and the development of China's domestic tourism industry in accordance with cointegration theory and Granger causality Test. The results show that there is a stable and long-term relation between China's economic growth and the development of China's domestic tourism industry. Moreover, there is a two-way Granger causality between the development of China's domestic tourism industry and China's economic growth. Economic growth is the Granger cause of the development of domestic tourism and domestic tourism is the Granger cause of economic growth. That's to say China's economic growth has promoted the development of China's domestic tourism industry and the development of China's domestic tourism industry has boosted China's economic growth.
引用
收藏
页码:102 / +
页数:3
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