Modelling China’s outbound tourist flow to the ‘Silk Road’: A spatial econometric approach
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Taotao Deng [1] ; Yukun Hu [1]
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[1] Shanghai University of Finance and Economics
Shanghai University of Finance and Economics
China
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- Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 25, Nº. Extra 8, 2019 (Ejemplar dedicado a: Special issue: Spatial Economics and Tourism Development), págs. 1167-1181
- Idioma: inglés
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Resumen
With the ancient Silk Road as the historical background, the ‘Belt and Road’ initiative aims to fostercommon development of regional economies. Regional tourism development is an essential part ofthe initiative. Taking 55 countries participating in the initiative as a research sample, the articleinvestigates the determinants and spillover effect of Chinese outbound tourist flows by spatialpanel models. Furthermore, we identify different spillover paths from the perspectives of geo-graphic and cultural proximities. The results confirm that there exist significant positive spillovereffects in tourist flows among countries with geographic proximity. Meanwhile, there exist sig-nificant positive spillover effects in tourist flows among countries with cultural proximity. Inaddition, geographic and cultural distances between China and tourist destinations have negativeimpacts on Chinese outbound tourist flow.
