Research on Dynamic Effects of Financial Support to Tourism Industry Development

XIU-HUA WEI, JIAN-ZHOU YANG, WEI CAO

Abstract


This research chooses the relevant data of nine cities in Fujian Province as the sample and uses variable coefficient panel data model to study the dynamic effects of financial support tourism industry development. The results show that: (1) Financial development has a significant effect on the growth of tourism industry; (2) Among of non-financial development variables, tourism resources endowment level and the level of urbanization and the degree of opening to the outside world have obvious positive effects on the development of tourism industry; The education level has no obvious effect on the development of tourism industry.

Keywords


Tourism Industry, Financial Support, Dynamic Effect


DOI
10.12783/dtssehs/icssd2017/19209

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