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Uncovers the relationship between tourism growth and economic advancement in China, suggesting a mutual benefit.
This study examines the relationship between China’s tourism industry and economic growth from 1995 to 2024, applying a multivariate framework that integrates Granger causality analysis with wavelet decomposition. Its core objective is to uncover the causal relationship between tourism development and economic growth across varying time frames and dimensions. Through panel bootstrap causality tests and assessments for cross-sectional dependence and slope homogeneity, this research underscores a dynamic, mutually beneficial bond between China’s economic development and tourism growth, especially in the long term.
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Wu et al. (2026) studied this question.
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