Research On The Impact Of Internet Finance On Tourism Industry Development

Since entering the 21 st century,the public's travelling will has been continuously improving,and tourism industry has also become a new growth point in the development of the national economy.Now finance is the core of modern economic development,so the development of tourism industry must not be separated from financial support.At present,China's traditional financial support for the tourism industry is still not deep enough,and there is still a huge funding gap in the development of the tourism industry.In order to let finance serve the tourism industry seamlessly in the information age,we must increase the support of Internet finance for the development of the tourism industry,utilize the information technology advantages and financial technology accumulations of Internet finance to rationally distribute tourism industry finance.Because of the above viewpoint,this paper deeply studies the influence of Internet finance on the tourism industry development,in order to explore how to develop Internet finance in a targeted way,and then better promotes the development of tourism industry.The existing researches on influencing factors of tourism industry development mostly ignore the interactive influence of tourism industry development in different regions.And when analyzing the role of financial system on tourism industry,traditional financial factors are generally considered,and Internet financial factors are rarely included in the analysis framework.Through theoretical analysis,this paper explores the impact path of Internet finance on the development of tourism industry.On this basis,according to the data of 31 provinces,cities and autonomous regions in China from 2011 to 2018,it explores the impact of Internet finance on the development of tourism industry in China's provinces by building a spatial panel model,with a view to putting forward relevant suggestions on the development of tourism industry.In the process of empirical analysis,the spatial auto correlation of tourism industry in different provinces of China is tested first.Then,after model screening,the Spatial DubinModel with double fixed effects in time and region is selected.Finally,it analyzes the relevant parameters and the direct and indirect effects in the panel model.The research results show that: first,the development of China's tourism industry has a very significant positive spatial autocorrelation,and the local spatial autocorrelation test results show that the development level of China's southeast coastal areas is high,while that of some provinces in northwest China is low.Second,the traditional Internet finance based on personal computer and the mobile Internet finance based on intelligent equipment have both significantly promoted the development of tourism industry.Thus the traditional Internet finance will also have a positive spatial spillover effect on the development of tourism industry in neighboring provinces.Third,the level of regional economic development and capital investment in tourism industry are important factors that affect the development of tourism industry in the region,but they will restrict the development of tourism industry in neighboring provinces to a certain extent.Finally,some suggestions and research prospects are given according to the research results.