Study on the Dynamic Relationship of Domestic Tourism Consumption of Urban Residents and Disposable Income Growth Per Capita——Based on the Empirical Data between 1988—2011 Years in China
Ding Xi
Abstract
Ding Xi
Abstract
This paper selects 1988—2011 years' data to research the dynamic relationship between Domestic tourism consumption of urban residents and disposable income growth per capita with co- integration test method. The result shows that there exits the long- term equilibrium relationship between domestic tourism consumption of urban residents and disposable income growth per capita. And disposable income of urban residents per capita is the Granger cause of domestic tourism consumption of urban residents. Once disposable income of urban residents per capita is increased by 1 percentage point,the per capita consumption of domestic tourism of urban residents will increase 0. 338 44 percent. Therefore,we can drive the growth in population tourism consumption levels,and promote economic development by increasing the level of disposable income, and enhancing residents travel motivation,improving the vacation system,and vigorously promoting the development of tourism and other aspects.
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This paper selects 1988—2011 years' data to research the dynamic relationship between Domestic tourism consumption of urban residents and disposable income growth per capita with co- integration test method. The result shows that there exits the long- term equilibrium relationship between domestic tourism consumption of urban residents and disposable income growth per capita. And disposable income of urban residents per capita is the Granger cause of domestic tourism consumption of urban residents. Once disposable income of urban residents per capita is increased by 1 percentage point,the per capita consumption of domestic tourism of urban residents will increase 0. 338 44 percent. Therefore,we can drive the growth in population tourism consumption levels,and promote economic development by increasing the level of disposable income, and enhancing residents travel motivation,improving the vacation system,and vigorously promoting the development of tourism and other aspects.
Key concepts: Tourism, Consumption (sociology), Per capita, Per capita income, China, Economics, Agricultural economics, Population