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Identifier to cite or link to this item: https://hdl.handle.net/10086/30544

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Title
Impact of Foreign Tourists on Productivity in the Accommodation Industry : A panel data analysis
Creator
Creator Name
Morikawa, Masayuki Morikawa, Masayuki
Affiliation
Affiliation Name
RIETI
Editor
Contributor Name
サービス産業の生産性：決定要因と向上策 ＝ Service Sector Productivity in Japan: Determinants and Policies, Institute of Economic Research, Hitotsubashi University
Affiliation
Affiliation Name
Hitotsubashi University
Key Word
Foreign tourism
Accommodation industry
TFP
Demand smoothing
JEL
D24
F61
L83
Abstract
Recently, the number of foreign tourists visiting Japan has been rapidly increasing, and the overseas travel balance has drastically changed. By using micro panel data, this study empirically analyzes the effects of this increase on productivity in the accommodation industry. The novelty of this study is represented by the use of a physical productivity measure to document an unexplored channel through which service trade contributes to increasing the productivity in the domestic service industry. The estimation results show that an increase in the number of foreign guests significantly improves the measured total factor productivity (TFP) of the accommodation facilities, although the effect of foreign presence is quite heterogeneous across facilities.
Description
This paper is based on joint research with the Research Institute of Economy, Trade and Industry (RIETI).
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2017-08
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
SSPJ Discussion Paper Series ; No. DP17-012
Relation
Related Title
This paper has also been published as RIETI Discussion Paper 17-E-106.
Number of Pages
22
Sponsorship
This research is supported by the JSPS Grants-in-Aid for Scientific Research (B, 26285063).
Grant-in-Aid for Scientific Research (S) Grant Number 16H06322 Project
Appears in Collections
SSPJ Discussion Paper Series
URL
https://hdl.handle.net/10086/30544