한국 관광수지의 결정요인에 관한 실증분석
Empirical Analysis on the Determinants for the Balance of Tourism Payment in Korea
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This paper is to provide the empirical evidences on the determinants for the Balance of Tourism Payment in Korea, estimating the elasticities of the Balance of Tourism Payment with respect to its determinants. The determinants consist of the four variables which include the industry-specific factors such as markup and productivity in Tourism service industries, and foreign exchange rate and the growth rate of Gross Domestic Product. The paper is to measure the industrial markup and productivity in the tourism industries including retail·food·lodging and transport·communication respectively and then to estimate the elasticities of the Balance of Tourism Payment with respect to its determinants using the autoregressive distributed model. The empirical results proved the industrial markup and productivity in retail·food·lodging industry to be the significant determinants for the Balance of Tourism Payments during the period of 1980-2015.
Abstract
This paper is to provide the empirical evidences on the determinants for the Balance of Tourism Payment in Korea, estimating the elasticities of the Balance of Tourism Payment with respect to its determinants. The determinants consist of the four variables which include the industry-specific factors such as markup and productivity in Tourism service industries, and foreign exchange rate and the growth rate of Gross Domestic Product. The paper is to measure the industrial markup and productivity in the tourism industries including retail·food·lodging and transport·communication respectively and then to estimate the elasticities of the Balance of Tourism Payment with respect to its determinants using the autoregressive distributed model. The empirical results proved the industrial markup and productivity in retail·food·lodging industry to be the significant determinants for the Balance of Tourism Payments during the period of 1980-2015.
참고문헌 (14)
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- 정석중, "한국 관광서비스산업의 솔로우잔차항과 실질임금의 경기순환성에 실증분석: 1975-2010", 관광경영연구, 16(1), pp.173~195 (2012), 관광경영학회[DOI]
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