Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024)

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Analyzing the Price Elasticity of Demand in China’s Tourism Sector: Key Economic Drivers and Implications

Authors
Yayan Liu1, *, Chenzhang Wang1, Yanan Li2
1School of Computer Science & Engineering Artificial Intelligence, Wuhan Institute of Technology, Wuhan, 430205, China
2School of Mathematics, University of Edinburgh, Edinburgh, EH8 9YL, United Kingdom
*Corresponding author. Email: 1365860309@qq.com
Corresponding Author
Yayan Liu
Available Online 23 April 2025.
DOI
10.2991/978-94-6463-690-1_15How to use a DOI?
Keywords
Price Elasticity of Demand; Economic Factors; Tourist Tax; Data Analysis
Abstract

In recent years, China’s tourism industry has become a key driver of economic growth and international appeal. Understanding the price elasticity of demand (PED) in this sector is essential for stakeholders, including policymakers and business owners, as it reveals how sensitive tourists are to price changes. Implementing a tourist tax, for instance, could impact visitor numbers, potentially affecting local businesses and the broader economy[1]. This essay will analyze PED for China’s tourism using SPSS, offering insights into pricing strategies and policies that could optimize demand and support sustainable growth in the industry[2].

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
23 April 2025
ISBN
978-94-6463-690-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-690-1_15How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Yayan Liu
AU  - Chenzhang Wang
AU  - Yanan Li
PY  - 2025
DA  - 2025/04/23
TI  - Analyzing the Price Elasticity of Demand in China’s Tourism Sector: Key Economic Drivers and Implications
BT  - Proceedings of the 2024 6th International Conference on Economic Management and Model Engineering (ICEMME 2024)
PB  - Atlantis Press
SP  - 146
EP  - 154
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-690-1_15
DO  - 10.2991/978-94-6463-690-1_15
ID  - Liu2025
ER  -