Does tourism support supply-side structural reform in China?

Li, ShiNa, Liu, Anyu and Song, H (2019) Does tourism support supply-side structural reform in China? Tourism Management, 71. pp. 305-314.

Text Economic reform paper_revised version (final)_ay.pdf - Accepted version Manuscript Restricted to Repository staff only until 25 October 2021. Download (367kB)

Abstract

A supply-side structural reform (SSR) has been carried out in China since late 2015, with a view to reducing overproduction in selected products such as coal, iron and steel. This paper examines whether the development of international tourism in China could support SSR, using an multi-methods approach that combines an econometric model and a computable general equilibrium model. It finds that the development of tourism can reduce the outputs of overcapacity industries and reallocate surplus labour to tourism-related industries. The calibration of 30 provincial CGE models demonstrates that the impact of tourism on reform in provinces with severer industry overcapacities is much stronger. This study contributes to the literature on the spillover effects of tourism on non-tourism sectors through its combination of econometric and CGE models. Practical implications are also presented.

Item Type:	Article
Divisions :	Faculty of Arts and Social Sciences > School of Hospitality and Tourism Management
Authors :	Name Email ORCID Li, ShiNa shina.li@surrey.ac.uk Liu, Anyu anyu.liu@surrey.ac.uk Song, H
Date :	24 October 2019
DOI :	10.1016/j.tourman.2018.10.022
Copyright Disclaimer :	© 2019. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/
Uncontrolled Keywords :	Tourism impacts; Spillover effects; Economic reform; Computable general equilibrium (CGE); modelling
Depositing User :	Melanie Hughes
Date Deposited :	25 Oct 2018 11:30
Last Modified :	15 Apr 2019 15:30
URI:	http://epubs.surrey.ac.uk/id/eprint/849782

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