The effect of housing prices on tourism employment: Evidence from China
Jun Zhang and
Qin Liu
Tourism Economics, 2024, vol. 30, issue 8, 2070-2088
Abstract:
This study highlights the importance of the relationship between housing prices and tourism labour mobility. This study uses dynamic panel threshold approach to examine the nonlinear effect of housing prices on tourism labour mobility in Chinese mainland during the years 2000-2021. The empirical results show that rising housing prices are positively associated with tourism and its subsectors’ employment across different levels of housing prices. At the regional level, there exists regional heterogeneity of housing price affecting labour mobility within tourism industry and its subsectors in Eastern, Central and Western regions. Lastly, further discussion and policy suggestion are provided.
Keywords: housing prices; tourism employment; dynamic panel threshold approach; China (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:30:y:2024:i:8:p:2070-2088
DOI: 10.1177/13548166241249877
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