This paper aims to uncover the role of heterogeneity and spillover effects of return and risk on home bias associated with common background characteristics of trading countries. We adopt a spatial panel model to utilize uniquely created weight matrices and capture the spatial spillover effects...

The present study investigates the effect of tourism and its spatial correlation on urban economic growth. The study examines 272 prefecture-level administrative units between 2002 and 2011 in China as the sample and a β convergence model as the frame. The conclusions are that tourism...