Han Wang, Zhu Ye

Zhu Ye

14 June 2023

Regional economic link, VAR model, Tourism economy, Regional effect.

Based on analysis methods such as cointegration theory, error correction model, and impulse response analysis, this paper establishes a VAR model composed of the number of tourists, tourism income, and regional total value in Chongqing, and conducts an empirical study on the dynamic impact of Chongqing's tourism and regional economic development in recent years using Chongqing's tourism data from 2000 to 2021. The empirical research results show that there is a long-term stable equilibrium relationship among the number of tourists, tourism income, and regional economic development in Chongqing. In the short term, the promotion effect of tourism on the economic development of Chongqing is still relatively limited, and the economic development has a significant pulling effect on the tourism industry. In the long run, there is a long-term balanced cointegration relationship between tourism development and GDP in Chongqing. The impact of local economic development on tourism is significant and steadily increasing, but the impact of the number of tourists and tourism income in Chongqing on GDP is relatively small.

© 2023, the Authors. Published by ISCCAC

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