Empirical Analysis on the Relationship between Tourism Development and Economic Growth in Sichuan

Abstract

Sichuan has abundant tourist resources; the Government confirmed the tourism industry as the six pillar industries of the cross-century development in Sichuan. In recent years, the ratio of tourism to the province's GDP increased year by year. Based on stability test of the VAR model, this paper uses impulse response functions and variance decomposition method for econometric analysis, by using the economic data in 1990-2009 years. And the results indicated that, the development of tourism bases on economic growth, at the same time, economic growth is in need of tourism development.