|
|
|
| Factor Endowment, Industry Agglomeration and Home Market Effects: Evidence from Chinese Tourism Industry |
| ZHANG Hai xia1,ZHANG Xu liang2 |
| 1. Zhejiang Gongshang University2. |
|
|
|
|
Abstract Under the theoretical framework of the New Trade Theory, the paper explored theories about tourism industry evolution，analyzed relationship among factor endowment, industry agglomeration and home market effects(HMEs), and used statistic data for the development of Chinese tourism industry, economy and society to test the existence of HMEs. Several conclusions were drawn: firstly, there were no existence of HMEs on the whole China’s tourism industry and the other service sectors; secondly, there existed prominent HMEs on industry of tourism attractions even in different models; thirdly, hotel industry and other tourism-related sectors showed the existence of HMEs only in the model concluding factor endowment. The study illustrated, on the background of Tourism Marketization, some parts of Chinese tourism industry had been affected by Increasing Returns to Scale and showed a tendency of agglomerating. As a result, comparative advantage of factor endowment and HMEs coexist in the sector
|
|
Received: 08 February 2012
|
|
|
|
Corresponding Authors:
ZHANG Hai xia
|
|
|
|
|
|
|
2012, Vol. 1 
浙公网安备 33011802000512号