Table 4.

Determinants of international tourist arrivals in China.

	Pooling (1)	FE (2)	Pooling (3)	FE (4)	Pooling (5)	FE (6)
Constant	−155.6*** (31.137)		−44.458 (36.408)		−32.147 (36.440)
lnCPGDP	0.292* (0.118)	1.126*** (0.150)	0.332*** (0.117)	1.143*** (0.150)	0.390*** (0.115)	1.139*** (0.150)
lnPOP	0.676*** (0.044)	0.518*** (0.034)	0.675*** (0.043)	0.516*** (0.034)	0.668*** (0.043)	0.517*** (0.034)
lnEXCH	0.147*** (0.038)	0.102*** (0.025)	0.148*** (0.038)	0.101*** (0.025)	0.147*** (0.038)	0.101*** (0.025)
lnDIS	−1.417*** (0.275)	0.124 (0.288)	−1.551*** (0.273)	0.121 (0.288)	−1.597*** (0.273)	0.122 (0.288)
lnACCOM	0.571*** (0.050)	–	0.546*** (0.050)	–	0.576*** (0.049)	–
lnINFRA	0.200*** (0.066)	−0.001 (0.155)	0.174** (0.065)	0.036 (0.156)	0.152** (0.065)	0.033 (0.155)
lnCRIME	0.059 (0.075)	0.040 (0.115)	0.049 (0.074)	0.009 (0.115)	0.041 (0.074)	0.002 (0.113)
lnHR	0.593*** (0.133)	−0.412 (0.382)	0.565*** (0.132)	−0.618 (0.394)	0.679*** (0.128)	−0.613 (0.394)
SARS	−0.627*** (0.065)	−0.676*** (0.043)	−0.595*** (0.064)	−0.668*** (0.043)	−0.582*** (0.064)	−0.669*** (0.043)
lnFDI	0.296*** (0.042)	0.259*** (0.076)	0.257*** (0.042)	0.257*** (0.076)	0.231*** (0.042)	0.257*** (0.076)
WHS	0.106*** (0.020)	0.010 (0.080)	0.076*** (0.021)	−0.024 (0.082)
43A			0.013*** (0.002)	0.004** (0.002)
SITE					0.017*** (0.002)	0.004** (0.002)
TIME	0.077*** (0.016)	0.164*** (0.017)	0.022 (0.018)	0.145*** (0.020)	0.017 (0.018)	0.145*** (0.020)
DAIRPORT	Yes	deleted	Yes	deleted	Yes	deleted
DCOUNTRY	Yes	Yes	Yes	Yes	Yes	Yes
R-square	0.750	0.901	0.756	0.901	0.755	0.901
Hausman test		32.38***		39.40***		39.53***
# of provinces	26	26	26	26	26	26
# of obs.	1404	1404	1404	1404	1404	1404

Notes: Figures in parentheses are standard deviations. *, ** and *** represent significance at the 10%, 5% and 1% statistical levels, respectively.