IDEAS home Printed from https://ideas.repec.org/a/spr/jknowl/v15y2024i2d10.1007_s13132-023-01325-6.html
   My bibliography  Save this article

Study on Economic Impact of Guizhou Tourism Business Environment Based on CGE Model

Author

Listed:
  • Zhao Shizhao

    (Anshun University)

  • Ma Mingying

    (Anshun University
    Chinese Academy of Agricultural Sciences)

Abstract

With the development of the domestic economy, especially since the 11th Five-Year Plan period, the Guizhou tourism industry has welcomed development opportunities and rapid growth. Tourism has become the pillar industry of Guizhou and explores how to transform from a large tourism province to a strong tourism province. This paper aims to study the economic impact of the Guizhou tourism business environment based on the computable general equilibrium (CGE) model. Along with that, this study also analyzed the economic impact of the tourism business environment in Beijing and Shanghai. From the perspective of input and output, this paper regards the tourism business environment as a constraint for the development of tourism, and affects the output level of tourism activities. Considering the future changes in the comprehensive technical efficiency of Guizhou tourism, we use the CGE model to simulate the economic impact of the future tourism business environment. The study found that different business environments have a significant impact on Guizhou’s macroeconomy and tourism-related sector economy. This article contributes to further studies analyzing the economic impact of the tourism business environment. Even the slightly deteriorating tourism business environment may have a great negative economic impact, which provides a theoretical basis for the urgency of continuously improving the tourism business environment.

Suggested Citation

  • Zhao Shizhao & Ma Mingying, 2024. "Study on Economic Impact of Guizhou Tourism Business Environment Based on CGE Model," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(2), pages 7099-7126, June.
    • Handle: RePEc:spr:jknowl:v:15:y:2024:i:2:d:10.1007_s13132-023-01325-6
    DOI: 10.1007/s13132-023-01325-6
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s13132-023-01325-6
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s13132-023-01325-6?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jean Fouré & Agnès Bénassy-Quéré & Lionel Fontagné, 2012. "The Great Shift : Macroeconomic projections For the World Economy at the 2050 Horizon," Working Papers hal-00962464, HAL.
    2. Bah, El-hadj & Fang, Lei, 2015. "Impact of the business environment on output and productivity in Africa," Journal of Development Economics, Elsevier, vol. 114(C), pages 159-171.
    3. Jacint Balaguer & Manuel Cantavella-Jorda, 2002. "Tourism as a long-run economic growth factor: the Spanish case," Applied Economics, Taylor & Francis Journals, vol. 34(7), pages 877-884.
    4. El-Hadj Bah & Lei Fang, 2015. "Working Paper - 219 - Impact of the business Environment on Output and Productivity in Africa," Working Paper Series 2159, African Development Bank.
    5. Haroon Rasool & Shafat Maqbool & Md. Tarique, 2021. "The relationship between tourism and economic growth among BRICS countries: a panel cointegration analysis," Future Business Journal, Springer, vol. 7(1), pages 1-11, December.
    6. Faiza Manzoor & Longbao Wei & Muhammad Asif & Muhammad Zia ul Haq & Hafiz ur Rehman, 2019. "The Contribution of Sustainable Tourism to Economic Growth and Employment in Pakistan," IJERPH, MDPI, vol. 16(19), pages 1-14, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Naqib Ullah Khan & Wajid Alim & Abida Begum & Heesup Han & Abdullah Mohamed, 2022. "Examining Factors That Influence the International Tourism in Pakistan and Its Nexus with Economic Growth: Evidence from ARDL Approach," Sustainability, MDPI, vol. 14(15), pages 1-15, August.
    2. Uktam Umurzakov & Shakhnoza Tosheva & Raufhon Salahodjaev, 2023. "Tourism and Sustainable Economic Development: Evidence from Belt and Road Countries," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(1), pages 503-516, March.
    3. Kouamé, Wilfried A.K. & Tapsoba, Sampawende J.-A., 2019. "Structural reforms and firms’ productivity: Evidence from developing countries," World Development, Elsevier, vol. 113(C), pages 157-171.
    4. Tarek M Harchaoui & Murat Üngör, 2018. "The Lion on the Move Towards the World Frontier: Catching Up or Remaining Stuck?," Journal of African Economies, Centre for the Study of African Economies, vol. 27(3), pages 251-273.
    5. Olena STRYZHAK & Ramazan SAYAR & Yılmaz Onur ARI, 2022. "Geopolitical risks, GDP and tourism: an ARDL-ECM cointegration study on Ukraine," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 14(1), pages 85-113, May.
    6. Muhammad Luqman & Mirajul Haq & Iftikhar Ahmad, 2021. "Power Outages and Technical Efficiency of Manufacturing Firms: Evidence from Selected South Asian Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 11(2), pages 133-140.
    7. Chang, Chong-Chuo, 2023. "The impact of quality of institutions on firm performance: A global analysis," International Review of Economics & Finance, Elsevier, vol. 83(C), pages 694-716.
    8. Marion Dovis & Chahir Zaki, 2018. "Global Value Chains and Business Environment: Which Factors Do Really Matter?," Working Papers 1270, Economic Research Forum, revised 19 Dec 2018.
    9. Valentina Diana RUSU & Angela ROMAN, 2016. "The Business Environment In Cee Countries: Current Challenges And Perspectives," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 8(1), pages 128-147, March.
    10. Brancati, Emanuele & Di Maio, Michele & Rahman, Aminur, 2024. "Finance, informal competition, and expectations: A firm-level analysis," World Development, Elsevier, vol. 173(C).
    11. Lai, Jinming & Ke, Jinjun & Lin, Shuping & Zhang, Pengdong & Zhang, Qihao, 2024. "Business environment optimization and labor income share of enterprises: Evidence from China," Research in International Business and Finance, Elsevier, vol. 71(C).
    12. Qigang Yuan & Yongsheng Ji & Wei Zhang & Ting Lei, 2024. "Cross-Border E-Commerce and Urban Entrepreneurial Vitality—A Quasi-Natural Experiment Evidence from China," Sustainability, MDPI, vol. 16(5), pages 1-23, February.
    13. Roman Fossati & Heiko Rachinger & Matheus Stivali, 2021. "Extent and potential determinants of resource misallocation: A cross‐sectional study for developing countries," The World Economy, Wiley Blackwell, vol. 44(5), pages 1338-1379, May.
    14. Brixiova, Zuzana & Égert, Balázs, 2017. "Entrepreneurship, institutions and skills in low-income countries," Economic Modelling, Elsevier, vol. 67(C), pages 381-391.
    15. Kingsley K. Arthur & Simplice A. Asongu & Peter Darko & Marvin O. Ansah & Sampson Adom & Omega Hlortu, 2024. "Financial Crimes in Africa and Economic Growth: Implications for Achieving Sustainable Development Goals (SDGs)," Working Papers 24/029, European Xtramile Centre of African Studies (EXCAS).
    16. K. Kumudhini & S. Vijesandiran, 2024. "Tourism Development in Sri Lanka: A Review of Literature," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(10), pages 3212-3220, October.
    17. Ibrahim Mike Okumu & Joseph Mawejje, 2020. "Labour productivity in African manufacturing: Does the level of skills development matter?," Development Policy Review, Overseas Development Institute, vol. 38(4), pages 441-464, July.
    18. Carolina Calatayud & María Engracia Rochina Barrachina, 2023. "How do firms in Sub‐Saharan Africa benefit from global value chains?," South African Journal of Economics, Economic Society of South Africa, vol. 91(2), pages 214-241, June.
    19. Philip Akrofi Atitianti & James Chukwubudom Chikelu, 2021. "Corruption and firm growth: evidence from Nigeria," SN Business & Economics, Springer, vol. 1(5), pages 1-18, May.
    20. Atangana Ondoa Henri & Seabrook Arthur Mveng, 2024. "Economic Freedom and Productivity in Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 3039-3058, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:jknowl:v:15:y:2024:i:2:d:10.1007_s13132-023-01325-6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.