TITLE:
A Comparative Study of China-U.S. Tourism Characteristic Industry GVC1 Embedment Degree
AUTHORS:
Qianqian Wang
KEYWORDS:
China-U.S., Tourism Characteristic Industry, GVC Embedment Degree
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.8 No.6,
June
21,
2018
ABSTRACT: As the
largest branch of service trade, tourism trade has contributed continuously to
the global economy. Starting
from the related departments of tourism trade, this article used the method of Wang et al. (2013)
to conduct value-added decomposition of the global input-output
table for the period 2000-2014 and measured the GVC position and GVC participation
index between China and the United States for first time. The author just
intends to consider the related tourism industries, but it didn’t integrate the related industries to a complete tourism
industry. The comparative study found that China’s road transportation sector has advantage over the
United States’, but overall the GVC position and GVC
participation index of China
tourism characteristic departments are less
than the United States’. For the whole embedment degree of GVC, there is still a gap between China and the United States.