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A Multi-Industrial Linkages Approach to Cluster Building in East AsiaQuantitative Analyses of the Economies of Sequence: The Impact of New Airport Construction on Tourism Industry Growth—A Case Study of Hong Kong and Singapore

A Multi-Industrial Linkages Approach to Cluster Building in East Asia: Quantitative Analyses of... [The authors explore what role (the opening of) an international airport plays in the creation of tourism clusters and what impact it has on the economy, using Hong Kong and Singapore as case examples. The process of development of the international airports and tourism industry clusters in the two countries is reviewed, and the trend in average annual rates of increase in the number of tourists and tourism revenue as well as tin gross domestic product growth rate is surveyed. Using the Granger causality test, the authors carry out a statistical analysis of tourism revenue and economic growth (gross domestic product growth rate) in Hong Kong and Singapore to explain how the two are causally related.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Multi-Industrial Linkages Approach to Cluster Building in East AsiaQuantitative Analyses of the Economies of Sequence: The Impact of New Airport Construction on Tourism Industry Growth—A Case Study of Hong Kong and Singapore

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References (2)

Publisher
Palgrave Macmillan UK
Copyright
© The Editor(s) (if applicable) and The Author(s) 2017. The author(s) has/have asserted their right(s) to be identified as the author(s) of this work in accordance with the Copyright, Designs and Patents Act 1988.
ISBN
978-1-137-57127-4
Pages
207 –224
DOI
10.1057/978-1-137-57128-1_10
Publisher site
See Chapter on Publisher Site

Abstract

[The authors explore what role (the opening of) an international airport plays in the creation of tourism clusters and what impact it has on the economy, using Hong Kong and Singapore as case examples. The process of development of the international airports and tourism industry clusters in the two countries is reviewed, and the trend in average annual rates of increase in the number of tourists and tourism revenue as well as tin gross domestic product growth rate is surveyed. Using the Granger causality test, the authors carry out a statistical analysis of tourism revenue and economic growth (gross domestic product growth rate) in Hong Kong and Singapore to explain how the two are causally related.]

Published: Jan 29, 2017

Keywords: Severe Acute Respiratory Syndrome; Granger Causality; Tourism Industry; International Airport; Severe Acute Respiratory Syndrome

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