The Asymmetric Long-Run Relationship Between Economic Development and Tourism Expansion

摘要：

This study employs the momentum threshold vector error-correction model to investigate the asymmetric cointegration, Granger causal relationships between GDP and tourist arrival from 1974 to 2010. The empirical results show that an asymmetric long-run adjustment exists between GDP and tourist arrival. Furthermore, the asymmetric causality relationship show that GDP play a dominant role, indicating the finding could prove valuable to government.

作者: Huang Yaling Lee Yenhsien

作者单位: Department of Senior Citizen Service Management, Chaoyang University of Technology Department of Senior Citizen Service Management, Chaoyang University of Technology Department of Fin

会议类型: 国际会议

会议名称: 2011 International Conference on Strategic Management(2011年战略管理国际会议 ICSM)

会议地点: 成都

会议语种:英文

页码: 960-964

在线出版日期: 2011-09-24（万方平台首次上网日期，不代表论文的发表时间）