Do More Tourists Lead to Higher Levels of Consumption?

Raymond Y.C. Tse
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Raymond Y.C. Tse: Department of Building and Real Estate, The Hong Kong Polytechnic University, Hung Horn, Hong Kong

Tourism Economics, 1998, vol. 4, issue 3, 233-240

Abstract: It is argued that attracting more tourists will stimulate domestic consumption. This paper, using Granger causality tests fitted to data from Hong Kong, shows that a long-term causal relationship between the number of tourists and subsequent private domestic consumption is not supported. Thus, tourist flows may have very little effect on domestic consumption.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:4:y:1998:i:3:p:233-240

DOI: 10.1177/135481669800400302

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