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Inventi Impact: Service Sector

Articles

  • Inventi:mss/19667/16
    Study on Spatial Difference of the Relationship between Regional Tourism and Economic Growthâ??\nComparative Study of Guangzhou, Shenzhen and Zhuhai in Light of VAR Model
    01-Jan-1970 Research 2016 : July - September
    Yu Huang, Mu Zhang

    Based on the Eviews software and panel data of Guangzhou city, Shenzhen city and Zhuhai city, the\nstudy investigated the dynamic relationship between regional tourism and economic growth, using\nthe methods including Cointegration Test, Granger Causality Test, VAR models and Variance\nDecomposition. The study result shows that there are long-term mutual effects between regional\neconomic growth and regional tourism industry in each area. And in each area, the local GDP,\nEarning from International Tourism (EIT) and Earning from Domestic Tourism (EDT) have cointegration\nrelationship. Moreover, in one certain area, the contribution rate of different factors to\nfluctuation of one variable changes over time.

    How to Cite this Article
    CC Compliant Citation: Huang, Y. and Zhang, M. (2016) Study on Spatial Difference of the Relationship between Regional\nTourism and Economic Growth --Comparative Study of Guangzhou, Shenzhen and Zhuhai in Light of VAR Model. American\nJournal of Industrial and Business Management, 6, 221-231. http://dx.doi.org/10.4236/ajibm.2016.63020, (http://\ncreativecommons.org/licenses/by/4.0/).
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