On Econometric Analysis of the Relationship between GDP and Tourism Income in Guizhou, China

Abstract

With the rapid development of reform and opening up, and the swift progress of the Western Development, Guizhou tourist income has hit record highs year by year, which promoted rapid expansion of the tertiary industry and thereby made GDP in Guizhou reach a new level, when people’s living standards were also improved significantly. The paper studies the relationship between GDP in Guizhou and tourist income based on the economic analysis of the relevant data in the last two decades, and predicts the future development of Guizhou tourism industry.