Impact on International Tourism in Chinese Economy

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It is a thesis paper that investigate the impact on international tourism on Chinese Economy Impact on International Tourism in Chinese Economy Student Name Institution Affiliation Abstract Tourism industry in China has grown tremendously over the last two decades, and the international tourism is growing even at a quick rate, as the other Chinese industries. Several people are conducting studies with the aim of providing economic analysis tools of enlarging the understanding of international tourism impact, including indirect and induced effects. This paper aims at providing a resourceful guide for understanding the Chinese tourism industry as an economic activity, and will be beneficial to anyone in this sector, including private and government organization. In this research work, I will use the government statistical yearbook of China for analyzing the tourism sector in the period of 1990 to 2013, which is the recent period that input-output model and tourist data are present. Using this data, I will evaluate the multiplier impact on income multiplier, the total effect, and direct effect of both international and domestic tourism’s expenditure by employing input-output model. Major focus is on the foreign tourists visiting China, and not on the domestic tourists. According to the model that I will use, certain percentage of Gross Domestic Product, of household income, and of overall employment in China is reliant on international tourist industry. I will explain the variation in these percentages, and will use the combination of the tourist expenditures ratios, together with the variation in the ratios of labor, productivity, capital and backward linkages. Finally, I will explore the problem and obstacles confronting the growth of China tourism industry. It will reveal the

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