Effect of Tourism Building Investments on Tourist Revenues in China: A Spatial Panel Econometric Analysis

被引：29

作者：

Zhou, Min ^{[1
]}

Liu, Xiaoqun ^{[2
]}

Pan, Bin ^{[3
]}

Yang, Xin ^{[4
]}

Wen, Fenghua ^{[4
]}

Xia, Xiaohua ^{[5
,6
]}

机构：

[1] Hunan Univ, Sch Architecture, Changsha, Hunan, Peoples R China

[2] Hainan Univ, Sch Tourism, Haikou, Hainan, Peoples R China

[3] Wenzhou Univ, Sch Finance, Wenzhou, Peoples R China

[4] Cent South Univ, Sch Business, Changsha, Hunan, Peoples R China

[5] Renmin Univ China, Sch Econ, 59 Zhongguancun St, Beijing 100872, Peoples R China

[6] Renmin Univ China, Inst Chinas Econ Reform & Dev, Beijing, Peoples R China

来源：

EMERGING MARKETS FINANCE AND TRADE | 2017年 / 53卷 / 09期

关键词：

growth of tourist economy; spatial econometric model; tourist buildings; CREATIVE DESTRUCTION; PRODUCTIVITY; COMMUNITY; MODEL;

D O I：

10.1080/1540496X.2016.1237353

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The development of tourism greatly promotes China's economic growth, and tourism buildings are a core component of tourism industry. From the perspective of spatial panel econometrics, this study verifies the spatial relevance between tourism building investments and tourism economic growth in China. It is verified that the development of China's tourism industry possesses a significant spatial clustering effect. Since the coefficient of capital is greater than that of labor, the tourism industry is primarily a labor-intensive industry in China. Tourism building investments positively and significantly affect tourism revenue which is affected by the levels of manufacturing and human capital. Robust tests are provided by separating the regions and policy implications are offered.

引用

页码：1973 / 1987

页数：15

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