2018Proceedings of the 2018 2nd International Conference on Education Science and Economic Management (ICESEM 2018)Open access

Empirical Research on the Source of Tourism Economic Growth in China-Based on the Perspective of Productivity

Linping Wu

Open full text 0 citations

Abstract

In order to explore the driving factors of Chinese tourism economic growth, this paper measures the total factor productivity of Chinese tourism industry from 1995 to 2015 by means of the Solow residual method, and discusses the fluctuation relationship of total factor productivity and single factor productivity on tourism economic growth, and also analyzes the contribution of total factor productivity and production factor to the tourism economic growth.The findings show that the total factor productivity in Chinese tourism industry is relatively low from 1995 to 2015, and the contribution of total factor productivity to tourism economic growth is not high, while the contribution of capital to the tourism economic growth is the highest, and Chinese tourism economic growth belongs to factor-driven intensive growth mode; if total factor productivity is low, excessive capital inputs will decrease the tourism economic growth rate on the contrary; the deepening of capital weakens the impact of labor factor growth on tourism output, on the other hand, it greatly reduces the capital productivity which has led to the decline of the growth of tourism output.

Open-access reader

About this research paper

What this paper is about

In order to explore the driving factors of Chinese tourism economic growth, this paper measures the total factor productivity of Chinese tourism industry from 1995 to 2015 by means of the Solow residual method, and discusses the fluctuation relationship of total factor productivity and single factor productivity on tourism economic growth, and also analyzes the contribution of total factor productivity and production factor to the tourism economic growth.The findings show that the total factor productivity in Chinese tourism industry is relatively low from 1995 to 2015, and the contribution of total factor productivity to tourism economic growth is not high, while the contribution of capital to the tourism economic growth is the highest, and Chinese tourism economic growth belongs to factor-driven intensive growth mode; if total factor productivity is low, excessive capital inputs will decrease the tourism economic growth rate on the contrary; the deepening of capital weakens the impact of labor factor growth on tourism output, on the other hand, it greatly reduces the capital productivity which has led to the decline of the growth of tourism output.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

In order to explore the driving factors of Chinese tourism economic growth, this paper measures the total factor productivity of Chinese tourism industry from 1995 to 2015 by means of the Solow residual method, and discusses the fluctuation relationship of total factor productivity and single factor productivity on tourism economic growth, and also analyzes the contribution of total factor productivity and production factor to the tourism economic growth.The findings show that the total factor productivity in Chinese tourism industry is relatively low from 1995 to 2015, and the contribution of total factor productivity to tourism economic growth is not high, while the contribution of capital to the tourism economic growth is the highest, and Chinese tourism economic growth belongs to factor-driven intensive growth mode; if total factor productivity is low, excessive capital inputs will decrease the tourism economic growth rate on the contrary; the deepening of capital weakens the impact of labor factor growth on tourism output, on the other hand, it greatly reduces the capital productivity which has led to the decline of the growth of tourism output.

Key concepts: Perspective (graphical), China, Tourism, Productivity, Empirical research, Economic geography, Natural resource economics, Industrial organization

Related papers

Back to paper searchBrowse research topicsOriginal source
Empirical Research on the Source of Tourism Economic Growth in China-Based on the Perspective of Productivity — Research Paper | ScholarLens