A combination of liberalization policy and industry supports are preferred in views of the benefits to be achieved for the two sectors and the Hong Kong economy. For us, JC Architecture, instead of complaining, we wrote an open letter with encouragement and positivity to tell the Taiwan society that Taiwan designers can make a change. On Feb 2019, all the Taiwanese society was criticizing heavily on an expensive yet unsightly new tourism train. Therefore, direct subsidy is not always an efficient support measure. The Moving Kitchen The Future is rising and reimaging.
Such heterogeneity is likely due to airline network effect and regulation in the international market. On the other hand, market-specific features are evident in selected markets. The positive externalities between the two crucial sectors to the Hong Kong economy call for coordinated planning and policy design in the tourism and aviation sectors, and justify continued government support. Our analysis finds clear evidence of an overall two-way causal relationship between airline scheduled capacity and tourist arrivals. This is achieved through the cointegration analysis and Granger-causality test, using monthly data collected from Hong Kong's top 17 tourist source markets during 2008–2018. This study investigates the critical link between aviation and tourism growth in Hong Kong, with a focus on the identification of causal relationships between scheduled airline seat capacity and visitor arrivals.
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