Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)

Research on Tourism Consumption and Economic Growth Under Conditions of Public Health Incident

Consider Macau as an Example

Authors
Zhixuan Li, Ruixue Gao
Corresponding Author
Zhixuan Li
Available Online 8 April 2021.
DOI
https://doi.org/10.2991/assehr.k.210407.081How to use a DOI?
Keywords
COVID-19, tourism growth, economic development
Abstract
Tourism, a very important industry for the improvement of economic and people’s living standards of countries and regions, is extremely impressionable by external factors, from economic crises to public health incidents. Therefore, it is overly important to study the changing trend of tourism and economy under the influence of external factors. This study aims to extend our understanding of the relationship between tourism growth and economic development under public health incident (COVID-19) by Maslow’s hierarchy of needs, Keynes’s consumption theory and the consumption-savings life cycle model. Meanwhile, this study also uses Macau as a case study to conduct a specific analysis and propose further research directions and management opinions for scholars and managers. Furthermore, this study reveals that there is bidirectional relationship between tourism growth and economic development under sudden public health incident (COVID-19).
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - Zhixuan Li
AU  - Ruixue Gao
PY  - 2021
DA  - 2021/04/08
TI  - Research on Tourism Consumption and Economic Growth Under Conditions of Public Health Incident
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 416
EP  - 420
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.081
DO  - https://doi.org/10.2991/assehr.k.210407.081
ID  - Li2021
ER  -