Abstract
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.
This paper is sponsored by sustentation fund for youth college teachers in Anhui, China (2008jqw059zd). A special graduate is expressed to Zhou Mo for his helpful remark on the original edition of the paper, who is a PhD candidate at Renmin University of China.
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© 2011 Springer-Verlag Berlin Heidelberg
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Liangju, W., Wanlian, L., Yongpei, W. (2011). Empirical Analysis on Relation between Domestic Tourism Industry and Economic Growth in China. In: Liu, C., Chang, J., Yang, A. (eds) Information Computing and Applications. ICICA 2011. Communications in Computer and Information Science, vol 243. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-27503-6_15
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DOI: https://doi.org/10.1007/978-3-642-27503-6_15
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-27502-9
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