TITLE:
The Comprehensive Economic Contribution of China’s Tourism Trade Export
AUTHORS:
Yi Liu, Wendi Li
KEYWORDS:
Tourism Trade Export, Complete Added Value, Input-Output Analysis
JOURNAL NAME:
Modern Economy,
Vol.10 No.4,
April
9,
2019
ABSTRACT: International tourism trade plays an important role
in earning foreign exchange through export. At the same time, this industry has
a clear and single source of income, which enables relevant industrial policies
to play a more effective guiding role. Thoroughly understanding the important
role of China’s tourism export to economic growth, can help formulate industrial policies with theoretical basis and practical pertinence. However, there is still
a lack of relevant research. In order to fill this gap, the author uses input-output analysis to calculate the
comprehensive economic contribution of China’s tourism export, and its internal
structure is analyzed. The results show that in 2016, the export of tourism
trade achieved a direct added value of
317.658 billion yuan, and the complete added value driven by industrial
spreading effect reached 796.734 billion yuan, accounting for 1.07% of GDP, which
affirmed the strong economic pulling role of tourism export. According to the
internal structure of complete added value, this paper suggests industrial
policy should give priorities to support the development of tourism merchandise
manufacturing, accommodation and catering
sectors, guiding inbound tourists to increase the consumption in the above
three items, so as to optimize the income structure and improve the
comprehensive economic benefits of tourism trade export.