TY - JOUR
T1 - Corruption and travel
T2 - Effects of China's anti-graft campaign on Macao
AU - Li, Tao
AU - Sheng, Li
N1 - Publisher Copyright:
© 2018 Gesellschaft fur Erdkunde zu Berlin. All rights reserved.
PY - 2018
Y1 - 2018
N2 - Using differences-in-differences regression models, this research note tries to evaluate the effects of China's anti-graft campaign on tourism in Macao. It finds that anti-corruption policies significantly curbed gambling with public money in Macao, causing a recent drop in Macao's gaming revenue. Furthermore, the more strongly the campaigns have been enforced, the less tourists go to the city of Macao. Macao is urged to diversify its casino-dominated and mainland China-dependent economy.
AB - Using differences-in-differences regression models, this research note tries to evaluate the effects of China's anti-graft campaign on tourism in Macao. It finds that anti-corruption policies significantly curbed gambling with public money in Macao, causing a recent drop in Macao's gaming revenue. Furthermore, the more strongly the campaigns have been enforced, the less tourists go to the city of Macao. Macao is urged to diversify its casino-dominated and mainland China-dependent economy.
KW - Anti-corruption campaign
KW - Diversification
KW - Gaming revenue
KW - Tourist arrivals
UR - http://www.scopus.com/inward/record.url?scp=85045955750&partnerID=8YFLogxK
U2 - 10.12854/erde-149-57
DO - 10.12854/erde-149-57
M3 - Article
AN - SCOPUS:85045955750
SN - 0013-9998
VL - 149
SP - 44
EP - 51
JO - Erde
JF - Erde
IS - 1
ER -