The Influence of International Tourism Receipts on Economic Development: Evidence from China’s 31 Major Regions
使用面板格兰杰因果检验，研究1995-2015年中国31个区域国际旅游收入与经济增长的关系，发现不同区域存在增长、保护、互惠或中性四种假设，为区域旅游政策提供依据。
This study applies a bootstrap panel Granger causality test to examine the causal relationship between international tourism receipts and economic growth in China’s 31 major regions for the period from 1995 to 2015, accounting for both dependency and heterogeneity across regions. The empirical results of this study support evidence for the growth hypothesis in the regions, such as Anhui, Henan, Jiangxi, Jilin, Fujian, Jiangsu, Shandong, Tianjin, Chognqing, Inner Mongolia, Qinghai, Tibet, and Yunnan. A reverse relationship supports evidence on the conservation hypothesis for the regions, such as Hubei and Hunan. A reciprocal causal relationship was found in Hebei and Shannxi, while the result of a neutrality hypothesis supported 14 of these 31 major regions (i.e., Heilongjiang, Shanxi, Beijing, Guangdong, Hainan, Liaoning, Shanghai, Zhejiang, Gansu, Guangxi, Guizhou, Ningxia, Sichuan, and Xinjiang). The empirical findings of this work provide important policy implications for China’s 31 major regions.