Tourism resource development and long-term economic growth: a resource curse hypothesis approach

doi:10.5367/te.2013.0325

CORC > 上海财经大学 > 上海财经大学

	Tourism resource development and long-term economic growth: a resource curse hypothesis approach
	Deng, Taotao 1; Ma, Mulan 2; Cao, Jianhua 1
刊名	TOURISM ECONOMICS
	2014-10
卷号	20 期号:5 页码:923-938
关键词	resource curse hypothesis tourism-led growth hypothesis tourism resource economic growth Dutch disease effect
ISSN号	1354-8166
DOI	10.5367/te.2013.0325
英文摘要	The paper proposes a resource curse hypothesis approach to analyse the instability of tourism-led growth. Using panel data on China's 30 provinces over the period 1987 2010, this study examines the direct and indirect effects of tourism on long-term economic growth. Four transmission channels widely held in the resource curse hypothesis are applied in the tourism industry: Dutch disease effect, crowding-out effect, deterioration of institutional quality and volatility of resource trade. The empirical results show that even in the non-tourism-dependent economies there is a possibility that the tourism resource curse will occur in the long term. Tourism resource development tends to reduce economic growth, mainly through crowding out human capital. A tourism boom seems to have a crowding-out effect on industrial production; however, the effect is small and insignificant in the large non-tourism-dependent economies. The physical investment channel is identified as the most important positive transmission channel through which tourism activity exerts more influence on growth.
WOS研究方向	Business & Economics ; Social Sciences - Other Topics
语种	英语
出版者	I P PUBLISHING LTD
WOS记录号	WOS:000344077200001
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/1682]
专题	上海财经大学
通讯作者	Ma, Mulan
作者单位	1.Shanghai Univ Finance & Econ, Sch Urban & Reg Sci, Shanghai 200433, Peoples R China; 2.Shanghai Univ Int Business & Econ, Sch Tourism & Event Management, Shanghai 201620, Peoples R China
推荐引用方式 GB/T 7714	Deng, Taotao,Ma, Mulan,Cao, Jianhua. Tourism resource development and long-term economic growth: a resource curse hypothesis approach[J]. TOURISM ECONOMICS,2014,20(5):923-938.
APA	Deng, Taotao,Ma, Mulan,&Cao, Jianhua.(2014).Tourism resource development and long-term economic growth: a resource curse hypothesis approach.TOURISM ECONOMICS,20(5),923-938.
MLA	Deng, Taotao,et al."Tourism resource development and long-term economic growth: a resource curse hypothesis approach".TOURISM ECONOMICS 20.5(2014):923-938.