Empirical Research on the Source of Tourism Economic Growth in China-Based on the Perspective of Productivity
- DOI
- 10.2991/icesem-18.2018.260How to use a DOI?
- Keywords
- Tourism economic growth; total factor productivity; single factor productivity; Solow residual method; economic growth contribution
- 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.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Linping Wu PY - 2018/08 DA - 2018/08 TI - Empirical Research on the Source of Tourism Economic Growth in China-Based on the Perspective of Productivity BT - Proceedings of the 2018 2nd International Conference on Education Science and Economic Management (ICESEM 2018) PB - Atlantis Press SP - 1111 EP - 1117 SN - 2352-5398 UR - https://doi.org/10.2991/icesem-18.2018.260 DO - 10.2991/icesem-18.2018.260 ID - Wu2018/08 ER -