A study the effects of leisure time on China's economic growth: a Neoclassic Growth Model

• Xiang Wei ; Hailin Qu ^[1] ; Emily Ma ^[2]
  1. [1] Oklahoma State University

     Oklahoma State University

     Estados Unidos

     
  2. [2] Griffith University

     Griffith University

     Australia

     
• Localización: Tourism analysis, ISSN 1083-5423, Vol. 15, Nº. 6, 2010, págs. 663-672
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The aim of this study is to assess the effects of leisure time on China's long-run economic growth. Two compensation effects of leisure are introduced into the growth model to assess if leisure choice-set affects economic growth in the long term. Time series data covering 23 years (1981- 2003) are used in the study, and a neoclassic growth model is employed to analyze the data. The result shows a weak and negative relationship between leisure time and China's long-term economic growth.