Research on the impact of rural tourism on economic growth and employment level based on VAR model
Hui Song1, Ning Zhang2
COMPUTER MODELLING & NEW TECHNOLOGIES 2013 17(5C) 145-149
1School of Management Engineering, Suzhou University, Suzhou city, Anhui province, 234000, China
2School of Business, Renmin University of China, Beijing, 100872, China
In this paper, we use the time series model to analyze the impact of rural tourism to economic growth and employment rate. As rural tourism is a significant factor that will influence the regional economic growth and employment levels, so we make a statistical analysis of the impact of rural tourism growth (RTG), economic growth as gross domestic product (GDP) and tourism industry’s employment rate (RET). The result shows that: First, rural tourism will promote GDP increase. LnRTG at lag 1 period increased one percentage can drive LnGDP increase by 0.871 percentage; Second, rural tourism will also have positive influence to employment rate. LnRTG at lag 1 period increased one percentage can drive LnRET growth by 0.026 percentages; Third, LnRTG is the granger reason to LnGDP, which means rural tourism growth is the reason to the economic growth. At the same time, LnRTG is also the reason to LnRET. In addition, the rural tourism has a certain contribution degree to economic growth and employment rate, and can be used to explain the rising of GDP and employment rate. On this basis, we put forward the related policy suggestion.