Analysis of Cointegration Relationship between Inbound Tourism and Economic Growth in Liaoning Province
LI Yue-zheng
Abstract
LI Yue-zheng
Abstract
According to empirical study,the modern econometric methods were used to inspect the relationship between inbound tourism and regional economic growth in Liaoning.The results indicated that there was a long-term stability cointegration relation between them.And there were Granger causality relationship between them by using Granger causality test.
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According to empirical study,the modern econometric methods were used to inspect the relationship between inbound tourism and regional economic growth in Liaoning.The results indicated that there was a long-term stability cointegration relation between them.And there were Granger causality relationship between them by using Granger causality test.
Key concepts: Cointegration, Granger causality, Tourism, Economics, Causality (physics), Econometrics, Economic geography, Geography