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Quantitative Analyses of the Economies of Sequence: The Impact of New Airport Construction on Tourism Industry Growth—A Case Study of Hong Kong and Singapore

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A Multi-Industrial Linkages Approach to Cluster Building in East Asia

Abstract

The authors explore what role (the opening of) an international airport plays in the creation of tourism clusters and what impact it has on the economy, using Hong Kong and Singapore as case examples. The process of development of the international airports and tourism industry clusters in the two countries is reviewed, and the trend in average annual rates of increase in the number of tourists and tourism revenue as well as tin gross domestic product growth rate is surveyed. Using the Granger causality test, the authors carry out a statistical analysis of tourism revenue and economic growth (gross domestic product growth rate) in Hong Kong and Singapore to explain how the two are causally related.

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Notes

  1. 1.

    The members are selected from a range of travel-related sectors, such as transportation, hotel management, travel agency, retail and restaurants. The HKTB has offices in about 16 cities around the world and it conducts advertising campaigns centering on the cities where its offices are located (Yearbook of Hong Kong Tourism Industry Statistics 2001).

  2. 2.

    The HKTB has compiled materials for tourists from all over the world, such as Hong Kong Tour Guide, Shop** and Restaurants Guidebook and Hong Kong Stories, and those for the tourism industry in Hong Kong, such as Guidelines for Hong Kong Tourism Business and Hong Kong Guide, to improve the level of travel services (Yearbook of Hong Kong Tourism Industry Statistics [2003]).

  3. 3.

    Disneyland Resort consists of Hong Kong Disneyland, Hong Kong Disneyland Hotel and Inspiration Lake Recreation Center.

  4. 4.

    The STB called for relevant government bodies to redevelop Chinatown, Little India, Kampong Glam and so on, and it was actively involved in these redevelopment projects. The projects not only built new tourist attractions but also contributed to raising Singaporeans’ awareness of their own culture (Yeoh and Chang 2001).

  5. 5.

    In cooperation with the National Heritage Board, the STB promoted extensive discussions with business operators, residents, retailers and so forth in Chinatown, encouraging them to make a donation to the National Heritage Board. In 2003 the STB took the initiative in renovating three streets in Chinatown for use by pedestrians and in transforming them into a street market comprising more than 100 stores.

  6. 6.

    Joint development projects with the Indonesian Archipelago highlight the importance of international cooperation between Singapore and neighboring countries so that they can benefit from their complementary relationship.

  7. 7.

    In collaboration with a university, the Department of Statistics developed a tourism satellite account and assessed the extent of contribution from the tourism industry to the real economy.

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Author information

Authors and Affiliations

  1. **amen City University, **amen city, **amen, China

    Zhixin Chen

  2. Nihon University, Inagi, Tokyo, Japan

    Koh Kikuchi

  3. Chiba University, Matsudo, Chiba, Japan

    Yuki Yano

  4. Kyoei University, Kasukabe, Saitama, Japan

    Tetsuya Nakamura

  5. Nihon University, Fujisawa, Kanagawa, Japan

    Akifumi Kuchiki

Authors
  1. Zhixin Chen
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  2. Koh Kikuchi
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  3. Yuki Yano
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  4. Tetsuya Nakamura
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  5. Akifumi Kuchiki
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Editor information

Editors and Affiliations

  1. College of Bioresource Science, Nihon University, Kanagawa, Japan

    Akifumi Kuchiki

  2. College of Bioresource Sciences, Nihon University, Kanagawa, Japan

    Tetsuo Mizobe

  3. IDE-JETRO, Chiba, Japan

    Toshitaka Gokan

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© 2017 The Author(s)

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Chen, Z., Kikuchi, K., Yano, Y., Nakamura, T., Kuchiki, A. (2017). Quantitative Analyses of the Economies of Sequence: The Impact of New Airport Construction on Tourism Industry Growth—A Case Study of Hong Kong and Singapore. In: Kuchiki, A., Mizobe, T., Gokan, T. (eds) A Multi-Industrial Linkages Approach to Cluster Building in East Asia. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-57128-1_10

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  • DOI: https://doi.org/10.1057/978-1-137-57128-1_10

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  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-137-57127-4

  • Online ISBN: 978-1-137-57128-1

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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