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The Study on the Dynamic Relationship between the Tourism Development in Yunnan Province and the Economic Growth and the Tertiary Industry
Pages: 73-76
Year: Issue:  1
Journal: Xi'an Finance

Keyword:  tourism developmenteconomic growth;
Abstract: Under the background of constructing Yunnan province as the big province in tourism economy, selecting data of the tourism development, the tertiary industry and GDP in Yunnan province from 1990 to 2013, by constructing E-G two step co-integration and granger causality test model, the paper makes an empirical research on the dynamic relationship between the tourism development in Yunnan province and the economic growth and the tertiary industry for a long time. The results show that first, there exists a long-term equilibrium co-integration relationship between Yunnan’s tourism development, economic growth and the tertiary industry growth. Second, if 1 percentage point in GDP increases, the tourism revenue will increase by 1.912 percentage point. And the total value of the tertiary industry increases by 1 percentage point, the tourism revenue will increase by 1.407 percentage point. In comparison,the effect of the overall economic growth on the tourism development is more significant than the tertiary industry growth.
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