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Impact of international tourism on the Chinese economy

โœ Scribed by Jan Oosterhaven; Tianhu Fan

Publisher
John Wiley and Sons
Year
2006
Tongue
English
Weight
115 KB
Volume
8
Category
Article
ISSN
1099-2340

No coin nor oath required. For personal study only.

โœฆ Synopsis

Since 1990, international tourism to China has grown dramatically, as has the rest of the Chinese economy. Its impact on the Chinese economy is estimated for 1997, the last year for which sufficient input-output, social accounting and tourist expenditure data are available when the paper was written. With these data, a so-called type II input-output model is constructed, which enables to estimate direct, indirect and induced impacts. The results show that 1.64% of gross domestic product, 1.40% of household income and 1.01% of Chinese employment is dependent on international tourism. The differences are explained by the sectoral composition of the tourist expenditures, together with the sectoral differences in capital/labour ratios, labour productivity and backward linkages.

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