Download pdf
Research on the development characteristics and influencing factors of tourism financial efficiency in the Chengdu-Chongqing Twin-City Economic Circle based on DEA-Malmquist and GeoDetector
- 1 Sichuan International Studies University
- 2 Sichuan International Studies University
- 3 Sichuan International Studies University
* Author to whom correspondence should be addressed.
Abstract
The Chengdu-Chongqing Twin-City Economic Circle, as an important strategic urban cluster in western China, has made significant achievements in the integration and development of tourism and finance, leveraging its tourism resources and strong financial potential. However, due to limitations in regional resources and economic development, the integration of tourism and finance in this area faces prominent issues, such as significant regional disparities and inefficient mobility between areas. This paper measures the tourism financial efficiency in the Chengdu-Chongqing Twin-City Economic Circle from 2011 to 2019 using the DEA-Malmquist model. After understanding the basic characteristics of tourism-finance integration in the region, the GeoDetector method is applied to calculate the main influencing factors of tourism financial efficiency. Based on the empirical research results, certain recommendations are made to provide decision support for industrial integration in related regions.
Keywords
Chengdu-Chongqing Twin-City Economic Circle, tourism finance, DEA-Malmquist, GeoDetector
[1]. Akkaya, G. C., & Uzar, C. (2012). Financial efficiency test of the ISE tourism companies: Data envelopment analysis application. International Journal of Economics and Finance Studies, 4(1), 95-100.
[2]. Mu, X., Guo, X., & Ming, Q. (2020). Spatial-temporal patterns and spatial effects of tourism financial efficiency in the Yangtze River Economic Belt. Economic Theory, 40(6), 214-223.
[3]. Jaisinghani, D., Joshi, M., Goyal, J., & Sharma, S. (2022). Persistence of financial efficiency in the Indian hospitality and tourism industry: A dynamic panel approach. Quality & Quantity, 1-19.
[4]. Li, J., & Shu, B. (2022). Research on the tourism financial efficiency of six central provinces: Dynamic evolution, spatial pattern, and driving factors. Economic Issues Exploration, (1), 67-78.
Cite this article
Wang,L.;Wang,D.;Peng,X. (2025). Research on the development characteristics and influencing factors of tourism financial efficiency in the Chengdu-Chongqing Twin-City Economic Circle based on DEA-Malmquist and GeoDetector. Journal of Applied Economics and Policy Studies,18(1),40-49.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Journal：Journal of Applied Economics and Policy Studies
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).