全部 标题 作者
关键词 摘要

OALib Journal期刊
ISSN: 2333-9721
费用:99美元

查看量下载量

相关文章

更多...

Research on the Impact of Infrastructure Construction on Tourism Industry: Evidence from the “Wuhan-Guangzhou High-Speed Rail”

DOI: 10.4236/jss.2016.41016, PP. 126-131

Keywords: High-Speed Railway, Tourism Economy, DID (Difference in Differences)

Full-Text   Cite this paper   Add to My Lib

Abstract:

The “Wuhan-Guangzhou High-Speed Rail” opened on December 26, 2009, which could be regarded as a quasi-natural experiment that improved the quality of transportation infrastructure. With the cities having the stops of “Wuhan-Guangzhou High-Speed Rail” as the treatment group, other cities in the same provinces but without any high speed railway stops as the control group, this paper constructs the panel data from 2005 to 2013 and uses Difference in Differences method to investigate the impact of the opening of “Wuhan-Guangzhou High-Speed Rail” on the tourism economy. We find that tourism revenue in cities from treatment group increased by 13.734 billion to 22.482 billion yuan, and the total number of domestic tourist arrivals increased by 12.9814 million to 16.2512 million people. The conclusion proves that the construction of transportation infrastructure promotes the tourism industry, making up for the insufficient empirical research on the development of tourism.

References

[1]  Wang, X., Huang, S.S., Zou, T.Q. and Yan, H. (2012) Effects of the High Speed Rail Network on China’s Regional Tourism Development. Tourism Management Perspectives, 1, 34-38. http://dx.doi.org/10.1016/j.tmp.2011.10.001
[2]  Donaldson, D. (2010) Railroads of the Raj: Estimating the Impact of Transportation Infrastructure. NBER Working Paper No. 16487.
[3]  Cascetta, E., Papola, A., Pagliara, F. and Marzano, V. (2011) Analysis of Mobility Impacts of the High Speed Rome- Naples Rail Link Using Within-Day Dynamic Mode Service Choice Models. Journal of Transport Geography, 19, 635-643. http://dx.doi.org/10.1016/j.jtrangeo.2010.07.001
[4]  Ye, C.Y. and Wang, X.J. (2013) Transport Infrastructure and Economic Growth in China—Based on Spatial Econometrics of Panel Data with Provincial Data. Industrial Economics Research, 2, 40-47.
[5]  Qu, Ch. and Li, X.M. (2015) Economic Development or Factor Loss: The Study on the Regional Differences of the Economic Role of Transportation Infrastructure. Modern Economic Science, 1, 32-38.
[6]  Abadie, A. and Gardeazabal, J. (2003) The Economic Costs of Conflict: A Case Study of the Basque Country. The American Economic Review, 93, 113-132. http://dx.doi.org/10.1257/000282803321455188
[7]  DellaVigna, S. and Kaplan, E. (2007) The Fox News Effect: Media Bias and Voting. The Quarterly Journal of Economics, 122, 1187-1234. http://dx.doi.org/10.1162/qjec.122.3.1187
[8]  Waldinger, F. (2010) Quality Matters: The Expulsion of Professors and the Consequences for PhD Student Outcomes in Nazi Germany. Journal of Political Economy, 118, 787-831. http://dx.doi.org/10.1086/655976
[9]  La Ferrara, E., Chong, A. and Duryea, S. (2012) Soap Operas and Fertility: Evidence of Brazil. American Economic Journal: Applied Economics, 4, 1-31. http://dx.doi.org/10.1257/app.4.4.1

Full-Text

Contact Us

service@oalib.com

QQ:3279437679

WhatsApp +8615387084133