The Research on the Influence of Tourism Trade to Economic Growth

摘要

In accordance with the theory of co-integration and the error-correction model, this paper measures the relationship between China's GDP and the import and export of tourism service trade. The result shows that there are several long-time equilibrium relationships between them separately. In the short run, the speed of the correction is very quick from the short departure to long-term equilibrium between economic growth and the export and import of tourism trade, and the export fluctuation on economic growth fluctuation is significant. Export of the tourism trade is Granger reason to economic growth.