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Is the domestic tourism cycle synchronized with the economic cycle? Evidence from Mainland China and Taiwan
Li, Wei-Wei1; Ma, Xiao-Long2; Yu, Hu3
2019-09-02
Source PublicationASIA PACIFIC JOURNAL OF TOURISM RESEARCH
ISSN1094-1665
Volume24Issue:9Pages:944-964
Corresponding AuthorMa, Xiao-Long(1452026377@qq.com)
AbstractThis study describes the linkage relationships between the economic cycle and the domestic tourism cycle in Mainland China and Taiwan. The Markov-switching vector autoregressive (MS-VAR) model is used to test the relationship between periodic variables. The results show that the domestic tourism cycle and the economic cycle of Mainland China have a reverse fluctuating trend and that in Taiwan, the domestic tourism cycle is synchronized with the economic cycle. Results support that the linkage relationships between the economic cycle and the domestic tourism cycle are different in two economies which has fundamental difference in the development stage and economic institutions.
KeywordEconomic cycle domestic tourism cycle synchronism MS-VAR model mechanism Mainland China Taiwan economic institutions development stage macro-control
DOI10.1080/10941665.2019.1653332
WOS KeywordLED-GROWTH HYPOTHESIS ; EMPIRICAL-EVIDENCE ; BUSINESS CYCLES ; DEMAND
Indexed BySCI
Language英语
Funding ProjectNational Natural Science Foundation of China[41471131] ; Qingdao Shuangbai Research Project in 2019[2019-B-01] ; Hundred Young Subjects Leader at Nankai University[91923111] ; Fundamental Research Funds for the Central Universities[63182060]
Funding OrganizationNational Natural Science Foundation of China ; Qingdao Shuangbai Research Project in 2019 ; Hundred Young Subjects Leader at Nankai University ; Fundamental Research Funds for the Central Universities
WOS Research AreaSocial Sciences - Other Topics
WOS SubjectHospitality, Leisure, Sport & Tourism
WOS IDWOS:000480807100001
PublisherROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
Citation statistics
Document Type期刊论文
Identifierhttp://ir.igsnrr.ac.cn/handle/311030/68690
Collection中国科学院地理科学与资源研究所
Corresponding AuthorMa, Xiao-Long
Affiliation1.Qingdao Univ, Sch Tourism & Geog Sci, Qingdao, Shandong, Peoples R China
2.Nankai Univ, Coll Tourism & Serv Management, Tianjin 300350, Peoples R China
3.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, Beijing, Peoples R China
Recommended Citation
GB/T 7714
Li, Wei-Wei,Ma, Xiao-Long,Yu, Hu. Is the domestic tourism cycle synchronized with the economic cycle? Evidence from Mainland China and Taiwan[J]. ASIA PACIFIC JOURNAL OF TOURISM RESEARCH,2019,24(9):944-964.
APA Li, Wei-Wei,Ma, Xiao-Long,&Yu, Hu.(2019).Is the domestic tourism cycle synchronized with the economic cycle? Evidence from Mainland China and Taiwan.ASIA PACIFIC JOURNAL OF TOURISM RESEARCH,24(9),944-964.
MLA Li, Wei-Wei,et al."Is the domestic tourism cycle synchronized with the economic cycle? Evidence from Mainland China and Taiwan".ASIA PACIFIC JOURNAL OF TOURISM RESEARCH 24.9(2019):944-964.
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