Fortune or misfortune: threats and opportunities for the development of the tourism industry in the heavily attacked area in '5.12' earthquake of China

Yan, Su; Li, Shiming; Jiang, Ke; Hu, Ping

doi:10.1504/ijta.2012.046093

Cited by 1 publication

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…First, although the 8-magnitude Wenchuan earthquake caused huge damage to some areas, it may also break the original economic structure and provide one opportunity of tourism for revitalizing the economy for non-tourism-based areas. Secondly, tourism policy is another driving factor of tourism contributing to economic growth [61,66,110,111]. Some polices, such as The Sichuan Tourism Recovery and Reconstruction Plan for the Post-Wenchuan Earthquake (2008-2010), the State Council's Opinion on Supporting Policies and Measurement for Post Recovery and Reconstruction (2008), emphasize tourism as the leading industry of stimulating economic recovery in disaster-hit destinations.…”

Section: Conclusion and Managerial Implicationsmentioning

confidence: 99%

Threshold Effect of Tourism Development on Economic Growth Following a Disaster Shock: Evidence from the Wenchuan Earthquake, P.R. China

Zhang

2019

Sustainability

View full text Add to dashboard Cite

To examine whether tourism can effectively stimulate economic growth following a disaster shock, we apply a panel threshold regression technique to test the threshold effect of tourism development on economic growth of the 36 Wenchuan earthquake-affected counties in 2008-2016. The empirical results using the panel fixed-effects model show that tourism significantly contributes to economic growth, supporting the validity of the tourism-led growth hypothesis (TLGH) for the disaster-affected destinations. The results of the panel threshold regression model also indicate a threshold effect of tourism development on economic growth, implying that counties with different conditions of tourism specialization and industrial structure experience different impacts on the tourism-growth nexus. Specifically, the estimated coefficients of tourism on economic growth decrease with the levels of tourism specialization and industrial structure exceeding the threshold value. Based on the Tourism Area Life Cycle theory (TALC), we further divide the 36 disaster-stricken counties into six types based on the evolution of tourism specialization: Exploration-stage type, involvement-stage type, transition-stage type, development-stage type, consolidation-stage type, and stagnation-stage type. The empirical findings and managerial implications discussed are generally applicable to policymakers seeking new ways to invigorate the economy in other disaster-affected destinations.Note: Notice of the State Council of China on printing and distributing the general plan for recovery and reconstruction after the Wenchuan Earthquake announced the 39 disaster-stricken counties of the Sichuan province that were seriously affected by the Wenchuan earthquake. They include:

show abstract

Section: Conclusion and Managerial Implicationsmentioning

confidence: 99%

Threshold Effect of Tourism Development on Economic Growth Following a Disaster Shock: Evidence from the Wenchuan Earthquake, P.R. China

Zhang

2019

Sustainability

View full text Add to dashboard Cite

show abstract

Fortune or misfortune: threats and opportunities for the development of the tourism industry in the heavily attacked area in '5.12' earthquake of China

Cited by 1 publication

References 0 publications

Threshold Effect of Tourism Development on Economic Growth Following a Disaster Shock: Evidence from the Wenchuan Earthquake, P.R. China

Threshold Effect of Tourism Development on Economic Growth Following a Disaster Shock: Evidence from the Wenchuan Earthquake, P.R. China

Contact Info

Product

Resources

About