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The international investment in theme parks: Spatial distribution and decision-making mechanism, an empirical study for China
Li, Tao1,2; Liu, Jiaming1; Zhu, He1
2018-08-01
Source PublicationTOURISM MANAGEMENT
ISSN0261-5177
Volume67Pages:342-350
Corresponding AuthorLi, Tao(nnulitao@163.com)
AbstractAlong with the globalization of foreign direct investment (FDI), tourism, as the earliest and largest international industry, draws a growing investor attention. Admittedly, the investment destination choice on the macro national level has been studied widely, while, micro place decision making has been mostly neglected. This paper aims to fill this gap by highlighting the micro location choice of international investment, based on the international investment in theme parks (IITP) in China. In order to understand foreign tourism investment behavior in China, the paper analyzed IITP by spatial pattern and decision making mechanism since 1990s. The results not only reveal the background and status of IITP in China, which is the biggest tourism market, but, more fundamentally, also benefit investors and local stakeholders in understanding the decision-making mechanism for micro place choice of IITPs. In addition, the paper provides clear understanding of the roles played by economic factors, based on the Hierarchical Analysis on Decision-making Mechanism, which offers an innovative view to study IITP. Under identical national environments, provincial-level factors are more important to attract international tourism investment than city-level ones. (C) 2017 Elsevier Ltd. All rights reserved.
KeywordInternational investment in theme parks Spatial distribution Location choice Decision-making mechanism China
DOI10.1016/j.tourman.2017.10.016
WOS KeywordFOREIGN DIRECT-INVESTMENT ; TOURISM INVESTMENT ; MODEL ; EXPERIENCE ; INDUSTRY
Indexed BySCI
Language英语
WOS Research AreaEnvironmental Sciences & Ecology ; Social Sciences - Other Topics ; Business & Economics
WOS SubjectEnvironmental Studies ; Hospitality, Leisure, Sport & Tourism ; Management
WOS IDWOS:000429754100033
PublisherELSEVIER SCI LTD
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Document Type期刊论文
Identifierhttp://ir.igsnrr.ac.cn/handle/311030/57439
Collection中国科学院地理科学与资源研究所
Corresponding AuthorLi, Tao
Affiliation1.Chinese Acad Sci, Key Lab Reg Sustainable Dev Modeling, Inst Geog Sci & Nat Resources Res, 11A,Datun Rd, Beijing 100101, Peoples R China
2.Univ Chinese Acad Sci CAS, Coll Resources & Environm, Beijing 100049, Peoples R China
Recommended Citation
GB/T 7714
Li, Tao,Liu, Jiaming,Zhu, He. The international investment in theme parks: Spatial distribution and decision-making mechanism, an empirical study for China[J]. TOURISM MANAGEMENT,2018,67:342-350.
APA Li, Tao,Liu, Jiaming,&Zhu, He.(2018).The international investment in theme parks: Spatial distribution and decision-making mechanism, an empirical study for China.TOURISM MANAGEMENT,67,342-350.
MLA Li, Tao,et al."The international investment in theme parks: Spatial distribution and decision-making mechanism, an empirical study for China".TOURISM MANAGEMENT 67(2018):342-350.
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