Digital financial inclusion and tourism development

被引：6
|
作者：
Luo, Haohan [1 ]
Wang, Haijun [2 ]
Wu, Ying [3 ]
机构：
[1] Chengdu Univ Technol, Business Sch, 1,East Third Rd,Erxianqiao, Chengdu 610059, Peoples R China
[2] Beijing Wuzi Univ, Sch Econ, 321 Fuhe St, Beijing 101149, Peoples R China
[3] Nanjing Normal Univ, Sch Business, 1,Wenyuan Rd, Nanjing 210023, Jiangsu, Peoples R China
来源：
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2024年 / 90卷
关键词：
Digital financial inclusion; Tourism development; Financial market participation; Entrepreneurship activities; MARKET PARTICIPATION; ECONOMIC-GROWTH; PRODUCTIVITY; LITERACY; SUPPORT; CHINA;
D O I：
10.1016/j.iref.2023.12.001
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Digital financial inclusion is reshaping the development of the Chinese economy. This paper examines the impact of digital financial inclusion on tourism development. Using a large sample of 281 Chinese prefecture-level cities for the 2011-2018 period, we find that digital financial inclusion is positively associated with tourism development. The results are consistent in various robustness tests. Mechanism tests show that digital financial inclusion promotes tourism development by enhancing individuals' financial market participation, promoting entrepreneurship activities in the tourism industry, and increasing individuals' tourism consumption. Further analysis shows that the positive association with digital financial inclusion is more prominent in non-eastern regions and in cities with rich travel resources. Our study suggests that digital financial inclusion is an important factor that promotes tourism development.
引用
收藏
页码：207 / 219
页数：13
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