Asymmetric effects of cultural and natural World Heritage Sites on tourism receipts

Yu-Xia Lin, Ming-Hsiang Chen, Bi-Shu Lin and Ching-Hui (Joan) Su

Current Issues in Tourism, 2020, vol. 23, issue 24, 3134-3147

Abstract: This study uses dynamic panel data to investigate the effects of Cultural World Heritage Site (CWHS) and Natural World Heritage Site (NWHS) on China’s domestic tourism receipts (DTR) and inbound tourism receipts (ITR). The results show evidence of a positive asymmetrical relationship between World Heritage Site (NWHS and CWHS) and both kinds of tourism receipts. The impact of NWHS on DTR follows scale effects, while that of NWHS on ITR obeys the law of decreasing marginal utility. The link between CWHS and inbound and domestic tourism receipts follows an inverse U-shaped pattern. The optimal numbers of NWHS and CWHS obtained from those non-linear models vary, while the effect of NWHS and CWHS on DTR can be strengthened by the presence of each other, but only the impact of CWHS on ITR is influenced by NWHS. Furthermore, we describe the implications of the research results.

Date: 2020
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/13683500.2019.1697649 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:rcitxx:v:23:y:2020:i:24:p:3134-3147

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rcit20

DOI: 10.1080/13683500.2019.1697649

Access Statistics for this article

Current Issues in Tourism is currently edited by Jennifer Tunstall

More articles in Current Issues in Tourism from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().