Nonlinear impact of World Heritage Sites on Chinaâ€™s tourism expansion
Shu-Yin Tseng and
Ching-Hui (Joan) Su
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Yu-Xia Lin: 12466Xiamen University, China
Ming-Hsiang Chen: Beijing Sport University, China; 33912Washington State University, USA; Nanjing Xiaozhuang University, China
Bi-Shu Lin: 12466Xiamen University, China
Shu-Yin Tseng: 63318Yu Da University of Science and Technology, China
Ching-Hui (Joan) Su: 1177Iowa State University, USA
Tourism Economics, 2021, vol. 27, issue 4, 795-819
Using domestic tourism data (1999â€“2014) and inbound tourism data (1999â€“2016), this research applies linear and nonlinear models to investigate the impact of World Heritage Sites (WHS) on inbound and domestic tourism expansion (TE) in terms of tourist arrivals and tourism receipts and then tests whether or not the impact of WHS on TE is instant. The results show a notable influence of WHS on tourist arrivals and tourism receipts and identify several differences between the impacts of WHS on inbound and on domestic TE. Moreover, the relationship between WHS and TE exhibits an inverted U-shaped curve. The optimal number of WHS for TE is four, and there is a significant instantaneous effect of WHS on domestic TE. Differently, the impact of WHS on inbound tourism shows a 1-year lag. Lastly, we perform dynamic regressions as a robustness check and discussion and implications are provided.
Keywords: dynamic panel regression; noninstant effect; tourism expansion; U-shaped relationship; World Heritage Sites (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:27:y:2021:i:4:p:795-819
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