Empirical Research on the Source of Tourism Economic Growth in China-Based on the Perspective of Productivity

摘要

In order to explore the driving factors of Chinese tourism economic growth, this paper measures the total factor productivity of Chinese tourism industry from 1995 to 2015 by means of the Solow residual method, and discusses the fluctuation relationship of total factor productivity and single factor productivity on tourism economic growth, and also analyzes the contribution of total factor productivity and production factor to the tourism economic growth. The findings show that the total factor productivity in Chinese tourism industry is relatively low from 1995 to 2015, and the contribution of total factor productivity to tourism economic growth is not high, while the contribution of capital to the tourism economic growth is the highest, and Chinese tourism economic growth belongs to factor-driven intensive growth mode; if total factor productivity is low, excessive capital inputs will decrease the tourism economic growth rate on the contrary; the deepening of capital weakens the impact of labor factor growth on tourism output, on the other hand, it greatly reduces the capital productivity which has led to the decline of the growth of tourism output.