'Nihon E Yokoso': An Inter-Prefectural Analysis of the Japanese Tourism Sector and Its Economic Spillovers

18 Pages Posted: 26 Apr 2019

See all articles by Niccolo' Comerio

Niccolo' Comerio

LIUC - Università Cattaneo

Fausto Pacicco

LIUC - Università Cattaneo

Date Written: March 27, 2019

Abstract

This study aims to estimate the spillover effects resulting from a remarkable increase in tourism flows in Japan, and to investigate the impact of territorial resources on regional economic growth. Main results confirm the existence of both economic and tourism spillover effects; more precisely, two spatial econometric models suggest the importance of infrastructure networks, natural parks and museums. Furthermore, in contrast with prior studies, a positive correlation between economic growth and the endowment in natural resources is found. Lastly, for the first time in this kind of researches, international conferences are shown to have a positive impact on tourists stays. However, efforts for reinvigorating economy through tourism development and investment deserve a careful evaluation: although an overall increase of tourists, lights and shadows are found at territorial level, inter alia an overwhelming concentration of travellers in the widely known destinations.

Suggested Citation

Comerio, Niccolo' and Pacicco, Fausto, 'Nihon E Yokoso': An Inter-Prefectural Analysis of the Japanese Tourism Sector and Its Economic Spillovers (March 27, 2019). Available at SSRN: https://ssrn.com/abstract=3360944

Niccolo' Comerio

LIUC - Università Cattaneo ( email )

Corso Matteotti
Castellanza (VA)
Italy

Fausto Pacicco (Contact Author)

LIUC - Università Cattaneo ( email )

Corso Matteotti
Castellanza (VA)
Italy

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