A Study Of Spatial Spillovers Of Regional Tourism Economy

In the era of economic integration, regional tourism trends to integration which is what China has been promoted. However, there still exists incompatibility within regional tourism economies. In order to solve those problems, we need to study the spatial spillover effects of regional tourism economy. Thus, we are able to understand the interactions of tourism economies within different regions and guide the synergetic development of regional tourism.The paper starts with analyzing the sources of tourism economy development which are proved to be tourism resources、workforce、capital、technical progress and institution. Secondly, the paper studies the mechanism of spatial spillover effects of regional tourism economy. Third, the paper introduces vector error correction model and impulse response function to measure spillover effects. At the end, taking16tourist cities in the Yangtze River Delta as a sample, the paper calculates and analyze the spillover effects between cities. Through the process above, the paper concludes that:First, when there are differences in tourist demands and tourism developments, there are possibilities that spillover will happen; when tourism workforce、capital、 information and technology flow between cities, spillover gains channels; when tourism workforce、capital、information and technology inflows are put into production, spillover finally happens. Second, the spatial spillover effect is the outcome of so many factors that it appears to be unbalanced and dispersed. Third, spillover effect is mutual influences of different tourism economies instead of the net effect of polarization effect and spread effect.The paper has made a few innovations in two ways:first, the paper studies the mechanism of tourism economic spillovers thoroughly which has been neglected by scholars; second, the paper introduces VECM and IRF to measure spillover effects which avoids the problem of false regression in system of linear equations.