Quantifying the loss of China’s tourism revenue induced by COVID-19
Mengmeng Qiang
Current Issues in Tourism, 2022, vol. 25, issue 24, 3919-3924
Abstract:
A huge tourism loss has undoubtedly resulted from COVID-19, but few studies have attempted to quantify it. This paper presents a post-investigation of the loss of China’s tourism revenue caused by COVID-19 in 2020. The natural trend theory is employed to estimate tourist flow in China without COVID-19, and the loss of tourism revenue induced by COVID-19 is computed by multiplying the decrease in tourist arrivals by the average expenditure. The results show that in 2020, the total loss of China’s tourism revenue induced by COVID-19 is in the range of US $618,995,929,706 to US $665,682,125,283.
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:taf:rcitxx:v:25:y:2022:i:24:p:3919-3924
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DOI: 10.1080/13683500.2022.2067524
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