JSSM  Vol.5 No.3 , September 2012
Empirical Study on the Impact of Domestic Economic Cycle on Sichuan’s Tourism
Author(s) Junrong Liu, Qin Yan
This article empirically enquires, from the perspective of demand, the impact of economic cyclical fluctuation on Sichuan tourism. The findings show that Sichuan tourism demand proves elastic to CPI, Sichuan’s GNI capita and interest rate, and that CPI and interest rate fluctuations are negatively correlated with Sichuan domestic tourism demand, while, with which Sichuan’s GNI capita is positively associated. The study also finds that per capita national income and the local consumer price index enjoy strong predictive power for Sichuan tourism.

Cite this paper
J. Liu and Q. Yan, "Empirical Study on the Impact of Domestic Economic Cycle on Sichuan’s Tourism," Journal of Service Science and Management, Vol. 5 No. 3, 2012, pp. 289-292. doi: 10.4236/jssm.2012.53034.
[1]   M. Lonhmann, “New Demand Factors in Tourism,” European Tourism Forum, Budapest, 15 October 2004.

[2]   Q. Guo, “Co-Integration Analysis of Leisure Demand and Economy Growth,” Recent Advance in Statistics Application and Related Areas: Proceedings of IIASS Conference, Vol. 1, 2009, pp. 2085-2089.

[3]   Z. Gu, “The Relationship between Interest Rate and Tourism Activities,” International Journal of Hospitality Management, Vol. 14. 1995, pp. 239-243. doi:10.1016/0278-4319(95)00012-7

[4]   G. K. Turnbull, “Location, Housing, and Leisure Demand under Local Employment,” Land Economics, Vol. 68, No. 1, 1992, pp. 62-71. doi:10.2307/3146743

[5]   J. D. Owen, “The Demand for Leisure,” The Journal of Political Economy, Vol. 79, No. 1, 1971, pp. 56-76. doi:10.1086/259724

[6]   L. Philips, “The Demand for Leisure and Money,” Econometrica, Vol. 46, No. 5, 1978, pp. 1025-1043. doi:10.2307/1911434

[7]   Y. G. Zhu, M. H. Wu and C. Li, “Empirical Research on Nanjing Residents Travel Demand,” Social Scientists, Vol. 6, 2007, pp. 120-123.