How Do Chinese National Scenic Areas Affect Tourism Economic Development? The Moderating Effect of Time-Limited Rectification

Abstract

Based on panel data on 124 prefecture-level and above cities from 2003 to 2018, this study investigated the impact of CNSAs on tourism economic development and the moderating effect of time-limited rectification by comprehensively using the quasi-DID model, the static spatial Durbin model, and the dynamic spatial Durbin model. The results showed that the impact of CNSAs on tourism economic development has a heterogeneous characteristic in terms of tourists and revenue. In addition, the spatial spillover effect and the path dependence have effectively promoted tourism economic development. Furthermore, the effectiveness of time-limited rectification has been proved in this study, while the “beggar-thy-neighbor” effect has, to some extent, weakened the promotional effect of CNSAs on tourism economic development, especially in terms of international tourists and international tourism revenue. Finally, relevant policy implications for the superior department in charge, local governments, and the management department of CNSAs are outlined to provide a practical reference for promoting the high-quality development of the tourism economy in China.