IDEAS home Printed from https://ideas.repec.org/a/gam/jlands/v12y2022i1p24-d1011091.html
   My bibliography  Save this article

Analysis of the Reciprocal Feedback between Glacier Tourism Development and Regional Economic Growth in Hailuogou

Author

Listed:
  • Yanxia Wang

    (State Key Laboratory of Cryospheric Science, Northwest Institute of Eco-Environment and Resources, Chinese Academy of Sciences, Lanzhou 730000, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Jianping Yang

    (State Key Laboratory of Cryospheric Science, Northwest Institute of Eco-Environment and Resources, Chinese Academy of Sciences, Lanzhou 730000, China)

  • Fan Tang

    (State Key Laboratory of Cryospheric Science, Northwest Institute of Eco-Environment and Resources, Chinese Academy of Sciences, Lanzhou 730000, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Qiuling Ge

    (State Key Laboratory of Cryospheric Science, Northwest Institute of Eco-Environment and Resources, Chinese Academy of Sciences, Lanzhou 730000, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Qingshan He

    (State Key Laboratory of Cryospheric Science, Northwest Institute of Eco-Environment and Resources, Chinese Academy of Sciences, Lanzhou 730000, China
    University of Chinese Academy of Sciences, Beijing 100049, China)

  • Xun Dai

    (Administration of Hailuogou Scenic Area, Luding 626100, China)

Abstract

Ice and snow tourism has yielded considerable socioeconomic benefits, especially for the countries and regions that are rich in ice and snow resources. Boosted by the Beijing Winter Olympics, China’s ice and snow tourism economy is likely to usher in a period of high-quality development. This study utilized Hailuogou Glacier Forest Park, a relatively well-developed glacier tourism area in China, as the study area. We used data on the regional GDP of Ganzi Prefecture and the comprehensive tourism revenue of Hailuogou scenic area from the period of 1990–2021 to quantitatively analyze the reciprocal feedback relationships between the regional economic growth of Ganzi Prefecture and the development of Hailuogou glacier tourism. The analyses were performed through the construction of a VAR model and through conducting robustness tests using the instrumental variable method. The results show that there is a long-term equilibrium cointegration relationship between regional economic growth in Ganzi Prefecture and tourism development in the Hailuogou scenic area, with each 1% increase in the former driving a corresponding growth of 2.01% in the latter. There is an asymmetric reciprocal feedback relationship between the economic growth of Ganzi Prefecture and the development of tourism in the Hailuogou scenic area. Economic growth in Ganzi Prefecture significantly contributes to the development of glacier tourism in Hailuogou over a longer period of time, with a contribution rate of 49%; meanwhile, the development of tourism in the Hailuogou scenic area has a limited effect on the quality and acceleration of economic development in Ganzi Prefecture, with a contribution rate of 16%. Based on the above results, relevant policy recommendations are proposed to provide a theoretical basis and decision-making reference for the high-quality development of the Hailuogou scenic area in the post-COVID-19 and post-Winter Olympics era.

Suggested Citation

  • Yanxia Wang & Jianping Yang & Fan Tang & Qiuling Ge & Qingshan He & Xun Dai, 2022. "Analysis of the Reciprocal Feedback between Glacier Tourism Development and Regional Economic Growth in Hailuogou," Land, MDPI, vol. 12(1), pages 1-17, December.
    • Handle: RePEc:gam:jlands:v:12:y:2022:i:1:p:24-:d:1011091
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-445X/12/1/24/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2073-445X/12/1/24/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Marcelo J. Moreira, 2003. "A Conditional Likelihood Ratio Test for Structural Models," Econometrica, Econometric Society, vol. 71(4), pages 1027-1048, July.
    2. Irina Klytchnikova & Paul Dorosh, 2013. "Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor," Natural Resources Forum, Blackwell Publishing, vol. 0(2), pages 70-79, May.
    3. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    4. Jacint Balaguer & Manuel Cantavella-Jorda, 2002. "Tourism as a long-run economic growth factor: the Spanish case," Applied Economics, Taylor & Francis Journals, vol. 34(7), pages 877-884.
    5. Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-438, July.
    6. Liu, Anyu & Wu, Doris Chenguang, 2019. "Tourism productivity and economic growth," Annals of Tourism Research, Elsevier, vol. 76(C), pages 253-265.
    7. Ramesh Durbarry, 2004. "Tourism and Economic Growth: The Case of Mauritius," Tourism Economics, , vol. 10(4), pages 389-401, December.
    8. Carrascal Incera, André & Fernández, Melchor Fernández, 2015. "Tourism and income distribution: Evidence from a developed regional economy," Tourism Management, Elsevier, vol. 48(C), pages 11-20.
    9. Sin, Chor-Yiu & White, Halbert, 1996. "Information criteria for selecting possibly misspecified parametric models," Journal of Econometrics, Elsevier, vol. 71(1-2), pages 207-225.
    10. Paresh Kumar Narayan, 2004. "Economic Impact of Tourism on Fiji's Economy: Empirical Evidence from the Computable General Equilibrium Model," Tourism Economics, , vol. 10(4), pages 419-433, December.
    11. Juan L. Eugenio-Martin & Noelia Martín-Morales & M. Thea Sinclair, 2008. "The Role of Economic Development in Tourism Demand," Tourism Economics, , vol. 14(4), pages 673-690, December.
    12. Cem Işik & Eyüp Doğan & Serdar Ongan, 2017. "Analyzing the Tourism–Energy–Growth Nexus for the Top 10 Most-Visited Countries," Economies, MDPI, vol. 5(4), pages 1-13, October.
    13. Mohammad Sharif Karimi, 2018. "The Linkage Between Tourism Development and Economic Growth in Malaysia: A Nonlinear Approach," International Economic Journal, Taylor & Francis Journals, vol. 32(1), pages 53-65, January.
    14. Sims, Christopher A, 1972. "Money, Income, and Causality," American Economic Review, American Economic Association, vol. 62(4), pages 540-552, September.
    15. Irina Klytchnikova & Paul Dorosh, 2013. "Tourism sector in Panama: Regional economic impacts and the potential to benefit the poor," Natural Resources Forum, Blackwell Publishing, vol. 37(2), pages 70-79, May.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Isabel Cortés-Jiménez & Manuel Artís, 2005. "The role of the tourism sector in economic development - Lessons from the Spanish experience," ERSA conference papers ersa05p488, European Regional Science Association.
    2. Krishna, Kala & Ozyildirim, Ataman & Swanson, Norman R., 2003. "Trade, investment and growth: nexus, analysis and prognosis," Journal of Development Economics, Elsevier, vol. 70(2), pages 479-499, April.
    3. Jorge V Pérez-Rodríguez & Heiko Rachinger & María Santana-Gallego, 2022. "Does tourism promote economic growth? A fractionally integrated heterogeneous panel data analysis," Tourism Economics, , vol. 28(5), pages 1355-1376, August.
    4. Bianca Biagi & Manuela Pulina, 2009. "Bivariate VAR models to test Granger causality between tourist demand and supply: Implications for regional sustainable growth," Papers in Regional Science, Wiley Blackwell, vol. 88(1), pages 231-244, March.
    5. Zamani, Mehrzad, 2007. "Energy consumption and economic activities in Iran," Energy Economics, Elsevier, vol. 29(6), pages 1135-1140, November.
    6. Nikeel Kumar & Ronald Ravinesh Kumar & Radika Kumar & Peter Josef Stauvermann, 2020. "Is the tourism–growth relationship asymmetric in the Cook Islands? Evidence from NARDL cointegration and causality tests," Tourism Economics, , vol. 26(4), pages 658-681, June.
    7. Gossé, Jean-Baptiste & Guillaumin, Cyriac, 2013. "L’apport de la représentation VAR de Christopher A. Sims à la science économique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 89(4), pages 309-319, Décembre.
    8. Bashiri Behmiri, Niaz & Pires Manso, José R., 2012. "Does Portuguese economy support crude oil conservation hypothesis?," Energy Policy, Elsevier, vol. 45(C), pages 628-634.
    9. Zapata, Hector O. & Gil, Jose M., 1999. "Cointegration and causality in international agricultural economics research," Agricultural Economics, Blackwell, vol. 20(1), pages 1-9, January.
    10. Giovanni Tria & Giuseppe Galloppo, 2010. "How Does National Foreign Trade React To The European Central Bank’S Policy?," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 4(2), pages 137-151.
    11. Tang, Chor Foon, 2011. "Tourism, real output and real effective exchange rate in Malaysia: a view from rolling sub-samples," MPRA Paper 29379, University Library of Munich, Germany.
    12. Jose Sidaoui & Carlos Capistran & Daniel Chiquiar & Manuel Ramos-Francia, 2010. "On the predictive content of the PPI on CPI inflation: the case of Mexico," BIS Papers chapters, in: Bank for International Settlements (ed.), Monetary policy and the measurement of inflation: prices, wages and expectations, volume 49, pages 249-257, Bank for International Settlements.
    13. Andreas G. Georgantopoulos, 2013. "Tourism Expansion and Economic Development: Var/Vecm Analysis and Forecasts for the Case of India," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(4), pages 464-482, April.
    14. Dagher, Leila & Yacoubian, Talar, 2012. "The causal relationship between energy consumption and economic growth in Lebanon," Energy Policy, Elsevier, vol. 50(C), pages 795-801.
    15. David Greasley & Les Oxley, 2010. "Cliometrics And Time Series Econometrics: Some Theory And Applications," Journal of Economic Surveys, Wiley Blackwell, vol. 24(5), pages 970-1042, December.
    16. Ekundayo P. Mesagan & Isaac A. Ogbuji & Yasiru O. Alimi & Anthonia T. Odeleye, 2019. "Growth Effects of Financial Market Instruments: The Ghanaian Experience," Working Papers 19/095, European Xtramile Centre of African Studies (EXCAS).
    17. Aisha Ismail & Kashif Rashid, 2014. "Time series analysis of the nexus among corruption, political instability and judicial inefficiency in Pakistan," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(5), pages 2757-2771, September.
    18. Jorge M. Andraz & Nélia M. Norte & Hugo S. Gonçalves, 2016. "Do tourism spillovers matter in regional economic analysis? An application to Portugal," Tourism Economics, , vol. 22(5), pages 939-963, October.
    19. Jorge Ridderstaat & Robertico Croes & Peter Nijkamp, 2013. "Modelling Tourism Development and Long-run Economic Growth in Aruba," Tinbergen Institute Discussion Papers 13-145/VIII, Tinbergen Institute.
    20. Jaebeom Kim & Jung-Min Kim, 2020. "Stock returns and mutual fund flows in the korean financial markets: a system approach," Applied Economics, Taylor & Francis Journals, vol. 52(33), pages 3588-3599, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlands:v:12:y:2022:i:1:p:24-:d:1011091. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.