2009•Ganhanqu ziyuan yu huanjingRequires access

The relations between tourism and economic growth in Xinjiang——based on cointegration analysis and the Granger causality test

Luo Hui

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Abstract

In this paper,the modern econometric cointegration analysis and Granger causality test were used to make a study on the relationship between tourism development and economic growth of Xinjiang from 1990 to 2006.The results showed that the economic growth stimulating effect had a lag period on the tourism industry.But in the short term,there was no causal relationship between Xinjiang tourism development and economic growth,they had a long-term balanced relations,and the stimulatory effect of international tourism income to the economy ahead the domestic tourism income in the time.To some extent,this conclusion provided a scientific basis to avoid blindness for tourism development policy formulation of Xinjiang in the future.

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What this paper is about

In this paper,the modern econometric cointegration analysis and Granger causality test were used to make a study on the relationship between tourism development and economic growth of Xinjiang from 1990 to 2006.The results showed that the economic growth stimulating effect had a lag period on the tourism industry.But in the short term,there was no causal relationship between Xinjiang tourism development and economic growth,they had a long-term balanced relations,and the stimulatory effect of international tourism income to the economy ahead the domestic tourism income in the time.To some extent,this conclusion provided a scientific basis to avoid blindness for tourism development policy formulation of Xinjiang in the future.

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Available abstract

In this paper,the modern econometric cointegration analysis and Granger causality test were used to make a study on the relationship between tourism development and economic growth of Xinjiang from 1990 to 2006.The results showed that the economic growth stimulating effect had a lag period on the tourism industry.But in the short term,there was no causal relationship between Xinjiang tourism development and economic growth,they had a long-term balanced relations,and the stimulatory effect of international tourism income to the economy ahead the domestic tourism income in the time.To some extent,this conclusion provided a scientific basis to avoid blindness for tourism development policy formulation of Xinjiang in the future.

Key concepts: Cointegration, Granger causality, Tourism, Economics, Causality (physics), Macroeconomics, Economy, Econometrics

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