A Study On The Relation Between Tourism Development And Regional Economic Growth

Through nearly three decades of development, the tourism industry has made a tremendous contributions to the economic development in Lanzhou. In this paper the relationship between development of tourism and economic growth in Lanzhou was analyzed from the six research indicators, that is Lanzhou tourism income, gross domestic product, gross domestic product per capita, the tertiary industry,fixed-asset investment and total retail sales of social consumer goods, with the help of the econometric cointegration theory, impulse response function and forecast variance decomposition was used, combination of econometric software Eviews6.0.The cointegration test result has showed that there is a certain balance contact between the tourism development of Lanzhou and Various economic growth indicators, the next is this equilibrium relationship will be broken down into the short-term dynamic changes and long-term changes in static through the error correction mode, The results show that tourism and gross domestic product per capita showed changes in the same direction in the short term, the remaining economic indicators and changes in the direction of tourism under the explanatory variable and the explanatory variables vary. But in the long term, if the system deviation from this balanced state, while and economic growth indicators would be made consequential amendments according to the deviation. the biggest amendments is between the tourism and the third, the smallest magnitude amendments is between the total retail sales of social consumer goods and tourism.It is determine that there is a equilibrium relationship between tourism and economic growth indicators, through the Granger causality test to verify the cause andeffect relations exist in.such a balance. Further through the impulse response function and forecast variance decomposition showed that the process of specific interaction between in development of tourism and economic growth process, Results show that the interaction between in tourism and economic indicators, Showed fluctuations in the pre-state, To becoming more and more stable in late stage. the degree of interaction between tourism and tertiary industry is highest, and the degree of interaction between total retail sales of social consumer goods and tourism is lowest.To sum up, there is a certain balance contact between the tourism development of Lanzhou and economic growth, and there is causal relationships in such a balanced relationship.