This Article 
   
 Share 
   
 Bibliographic References 
   
 Add to: 
 
Digg
Furl
Spurl
Blink
Simpy
Google
Del.icio.us
Y!MyWeb
 
 Search 
   
2009 Second International Conference on Future Information Technology and Management Engineering
The Development and Economic Impact of Tourism in China
Sanya, China
December 13-December 14
ISBN: 978-0-7695-3880-8
This paper investigates the relationship between the development of tourism and economy growth. Both two time series are non-stationary, meaning there are unit root in both series and their 1st difference series are stationary. From 1994 to 2007, there is stable relationship between these two series and the number of inbound visitors is the granger reason of the change of foreign exchange income on tourism. So we can get the idea that if we wish to improve the foreign income from tourism, the only way is to attract more inbound tourists.
Index Terms:
industry development, co-integration, tourism, risk management
Citation:
Shusheng Li, Zhao-hui Liang, "The Development and Economic Impact of Tourism in China," fitme, pp.339-341, 2009 Second International Conference on Future Information Technology and Management Engineering, 2009
Usage of this product signifies your acceptance of the Terms of Use.