The role of the People’s Republic of China (PRC) in East Asia’s recovery from the recent global financial and economic crisis highlighted the PRC’s growing role as an engine of growth for the region. From the viewpoint of the PRC, there are many potential gains from entering into free...

This study investigates the impact of FDI regulatory restrictions on tourism growth. Using system generalized method of moments (GMM) estimation of the dynamic panel data model, this study finds that FDI restrictions have significant negative effects on tourism growth, implying that liberalizing...