Impact of high-speed rail on international tourism demand in China

Zhenhua Chen and Kingsley E. Haynes

Applied Economics Letters, 2015, vol. 22, issue 1, 57-60

Abstract: This study investigates the impact of the Chinese high-speed rail (HSR) systems on its international tourism demand. A panel data set of 21 countries over the period 1997 to 2012 is analysed using dynamic panel modeling following the classical tourism demand model. The empirical examination confirms the overall impact of HSR is positive, but the small elasticity of HSR station on international tourism demand may imply the negligible influence of the large number of small HSR stations.

Date: 2015
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DOI: 10.1080/13504851.2014.925043

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