Thank you for your staying! An analysis of the economic impact of tourism in Japanese prefectures

Niccoló Comerio and Fausto Pacicco

Current Issues in Tourism, 2021, vol. 24, issue 12, 1721-1734

Abstract: A growing body of literature investigates the bi-univocal relationship between tourism and economic growth. Even if sub-national studies are deemed relevant, these are rare: we provide a first analysis of such relationship for Japanese regions and prefectures, using Granger Causality tests in a Bayesian VAR model, from 2007 to 2014. Both the tourism-led growth and the economic-led tourism hypotheses are supported in 4 out of 8 regions and in 19 out of 47 prefectures (either univocally and/or bi-univocally): it is possible to use tourism as a policy instrument to stimulate economic growth, even if regional discrepancies are to be expected.

Date: 2021
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DOI: 10.1080/13683500.2020.1801604

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