Determinants of International Tourists Inflows: The case of China
| Author: | Mgr. Yu Zang |
|---|---|
| Year: | 2014 - summer |
| Leaders: | prof. Ing. Oldřich Dědek CSc. |
| Consultants: | |
| Work type: | Masters MEF |
| Language: | English |
| Pages: | 86 |
| Awards and prizes: | |
| Link: | https://is.cuni.cz/webapps/zzp/detail/138376/ |
| Abstract: | This study is aim to evaluate the effect of five factors on the amount of tourists arrivals to China in those countries who have most visitors. To apply empirical estimation, a balanced panel data based gravity equation is established, with 22 countries and 15 years period (1998 – 2002). Our main estimates conclude that GDP per capita has a positive impact on the amount of tourists, as well as population, whereas exchange rate and distance will deter the amounts of tourists. Unfortunately PPP conversion factor also has a positive impact but not as expected. The findings of this study will fill the gap of relative literatures for China and provide another evidence of gravity model. |
