探讨博彩总收入对澳门失业率及劳动参与率的影响

IF 9.9 1区管理学 Q1 HOSPITALITY, LEISURE, SPORT & TOURISM

International Journal of Hospitality Management Pub Date : 2025-07-23 DOI:10.1016/j.ijhm.2025.104396

Yecheng Cao, A. George Assaf

{"title":"探讨博彩总收入对澳门失业率及劳动参与率的影响","authors":"Yecheng Cao, A. George Assaf","doi":"10.1016/j.ijhm.2025.104396","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines how gross gaming revenue (GGR) affects unemployment and labor force participation rates in Macao. We apply the error correction model (ECM) to monthly data from January 2003 to December 2023. Our results indicate that increases in GGR are associated with decreases in both unemployment and labor force participation rates in the short-term. This phenomenon suggests that people are leaving the labor force temporarily when GGR increases. Despite the seemingly positive unemployment rate decline, the lower labor force participation rate may be considered a sign of a weak job market, implying that the Government of Macao needs to diversify revenue channels rather than rely solely on the gaming sector.</div></div>","PeriodicalId":48444,"journal":{"name":"International Journal of Hospitality Management","volume":"132 ","pages":"Article 104396"},"PeriodicalIF":9.9000,"publicationDate":"2025-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Exploring the impact of gross gaming revenue on unemployment and labor force participation rates in Macao\",\"authors\":\"Yecheng Cao, A. George Assaf\",\"doi\":\"10.1016/j.ijhm.2025.104396\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examines how gross gaming revenue (GGR) affects unemployment and labor force participation rates in Macao. We apply the error correction model (ECM) to monthly data from January 2003 to December 2023. Our results indicate that increases in GGR are associated with decreases in both unemployment and labor force participation rates in the short-term. This phenomenon suggests that people are leaving the labor force temporarily when GGR increases. Despite the seemingly positive unemployment rate decline, the lower labor force participation rate may be considered a sign of a weak job market, implying that the Government of Macao needs to diversify revenue channels rather than rely solely on the gaming sector.</div></div>\",\"PeriodicalId\":48444,\"journal\":{\"name\":\"International Journal of Hospitality Management\",\"volume\":\"132 \",\"pages\":\"Article 104396\"},\"PeriodicalIF\":9.9000,\"publicationDate\":\"2025-07-23\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"International Journal of Hospitality Management\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S027843192500324X\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"HOSPITALITY, LEISURE, SPORT & TOURISM\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Hospitality Management","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S027843192500324X","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"HOSPITALITY, LEISURE, SPORT & TOURISM","Score":null,"Total":0}

引用次数: 0

摘要

本研究探讨博彩总收入（GGR）如何影响澳门的失业率和劳动力参与率。我们将误差修正模型（ECM）应用于2003年1月至2023年12月的月度数据。我们的研究结果表明，短期内，GGR的增加与失业率和劳动力参与率的下降有关。这一现象表明，当GGR上升时，人们正在暂时离开劳动力市场。尽管失业率下降看似积极，但较低的劳动力参与率可能被认为是就业市场疲软的迹象，这意味着澳门政府需要多样化收入渠道，而不是仅仅依赖博彩业。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Exploring the impact of gross gaming revenue on unemployment and labor force participation rates in Macao

This study examines how gross gaming revenue (GGR) affects unemployment and labor force participation rates in Macao. We apply the error correction model (ECM) to monthly data from January 2003 to December 2023. Our results indicate that increases in GGR are associated with decreases in both unemployment and labor force participation rates in the short-term. This phenomenon suggests that people are leaving the labor force temporarily when GGR increases. Despite the seemingly positive unemployment rate decline, the lower labor force participation rate may be considered a sign of a weak job market, implying that the Government of Macao needs to diversify revenue channels rather than rely solely on the gaming sector.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

International Journal of Hospitality Management HOSPITALITY, LEISURE, SPORT & TOURISM-

CiteScore

21.20

自引率

9.40%

发文量

218

审稿时长

85 days

期刊介绍： The International Journal of Hospitality Management serves as a platform for discussing significant trends and advancements in various disciplines related to the hospitality industry. The publication covers a wide range of topics, including human resources management, consumer behavior and marketing, business forecasting and applied economics, operational management, strategic management, financial management, planning and design, information technology and e-commerce, training and development, technological developments, and national and international legislation. In addition to covering these topics, the journal features research papers, state-of-the-art reviews, and analyses of business practices within the hospitality industry. It aims to provide readers with valuable insights and knowledge in order to advance research and improve practices in the field. The journal is also indexed and abstracted in various databases, including the Journal of Travel Research, PIRA, Academic Journal Guide, Documentation Touristique, Leisure, Recreation and Tourism Abstracts, Lodging and Restaurant Index, Scopus, CIRET, and the Social Sciences Citation Index. This ensures that the journal's content is widely accessible and discoverable by researchers and practitioners in the hospitality field.