A Dynamic Analysis of Retail Infrastructure and Tourism Demand: Evidence from a Casino Destination

IF 1.3 Q3 HOSPITALITY, LEISURE, SPORT & TOURISM
Joey Pek U Sou
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引用次数: 0

Abstract

ABSTRACT This study used a panel cointegration approach to investigate the effect of retail infrastructure/facilities on tourism demand in the casino gaming destination, Macao, from 23 provinces (and municipalities) of mainland China. Numbers of retail outlets in general and retail establishments in integrated resorts (IRs) are used as proxies for retail infrastructure/facilities. Dynamic Ordinary Least Square (DOLS) estimations reveal that a positive long-run relationship exists between tourism demand and retail from both dimensions. Heterogeneous results on the individual province estimates suggest visitors from the emerging central and western regions of China respond more strongly to retail facilities than the more saturated southern and eastern regions. The bidirectional causality between retail infrastructure and tourism demand also validates a positive cycle in the long-term growth of the destination. The results suggest that casino gaming destinations should seek to diversify entertainment and capitalize on the competitive advantage of their non-gaming facilities to sustain long-term development.
零售基础设施与旅游需求的动态分析:来自赌场目的地的证据
摘要本研究采用面板协整方法,从中国大陆23个省(市)调查博彩目的地澳门零售基础设施/设施对旅游需求的影响。一般零售店的数量和综合度假胜地的零售场所的数量被用作零售基础设施/设施的代理。动态普通最小二乘(DOLS)估计表明,从两个维度来看,旅游需求与零售之间存在正的长期关系。个别省份的不同结果表明,来自中国新兴的中西部地区的游客对零售设施的反应比饱和的南部和东部地区更强烈。零售基础设施与旅游需求之间的双向因果关系也验证了目的地长期增长的正循环。研究结果显示,赌场博彩目的地应寻求多元化的娱乐,并利用其非博彩设施的竞争优势,以维持长期发展。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Journal of China Tourism Research
Journal of China Tourism Research HOSPITALITY, LEISURE, SPORT & TOURISM-
CiteScore
4.00
自引率
10.50%
发文量
40
期刊介绍: Journal of China Tourism Research (JCTR) is the official journal of the International Association of China Tourism Studies (IACTS) and is now indexed in the Emerging Sources Citation Index (ESCI)! JCTR is a truly international journal that publishes the latest research on tourism (all articles printed in English with Chinese abstracts) that relates to China and the Chinese. It provides a rich forum for exchange of fresh information and ideas among academics and practitioners; fosters and enhances cutting-edge research activities that advance the knowledge of tourism; and discusses the relevance of tourism to Chinese society. The journal encourages interdisciplinary scholarship and commentaries, aims at the highest intellectual level, and only publishes manuscripts that make significant contributions to the subject areas.
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