E3S Web Conf.
Volume 275, 20212021 International Conference on Economic Innovation and Low-carbon Development (EILCD 2021)
|Number of page(s)||6|
|Section||Green Low-Carbon and Energy Saving and Emission Reduction Applications|
|Published online||21 June 2021|
Research on Influencing Factors of Tourism Income in Qinghai Province-Based on error correction model and Granger causality test
School of Finance and Economics, Qinghai University, 810016, Xining, China
As an important growth point of Qinghai’s economic development, tourism has become increasingly prominent in its contribution to the development of the national economy and has become one of the most dynamic industries in the province. Based on the relevant data from 2001 to 2018, this paper explores the influencing factors of tourism revenue in Qinghai Province by constructing an error correction model and combining Granger causality test. The research results show that there is a significant correlation between the total number of tourist visits, per capita GDP and traffic conditions, and the growth of tourism income in Qinghai Province. Among them, every 1% increase in the total number of tourist arrivals drives an average increase of 1.566% in tourism revenue; and the short-term elasticity of tourism revenue to the total number of tourist arrivals is slightly greater than the long-term elasticity.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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