scholarly journals Empowerment of Digital Inclusive Finance and Development of Tourism Industry-Empirical Evidence from Prefecture-level Cities

Author(s):  
Minghui T ◽  

Based on the panel data of 297 prefecture-level cities from 2011 to 2018, this paper uses fixed effect model to empirically analyze the relationship between digital inclusive finance and development of tourism industry. The results show that, First, digital inclusive finance has significantly promoted the development of tourism industry, and this promotion effect is more obvious in the inbound tourism market compared to the domestic tourism market. Second, dimensional heterogeneity analysis shows that the coverage and popularization of digital inclusive finance have improved the possibility of vulnerable groups obtaining tourism financial services. The deepening of its use has met the escalating demand of mainstream market for the tourism consumption, and lowered the financing difficulty for micro and small tourism enterprises. Third, the analysis of regional heterogeneity shows that the promotion of digital inclusive finance to tourism industry is only reflected in the eastern and western China. For the domestic tourism market, digital inclusive finance has produced stronger benefits in the east than in the west, while for the inbound tourism market, it shows the opposite conclusion.

2021 ◽  
pp. 239-244
Author(s):  
Fabrizio Antolini ◽  
Antonio Giusti

Tourism is a very important economic activity for many nations and Italy is among those that particularly benefit from it. In fact, even during the period of pandemic, despite the crisis, tourism in Italy proved to be a particularly resilient sector: among all European countries, Italy is the one that recorded the highest number of total tourist nights-spent. However, tourism statistics are not yet exhaustive in describing a highly variable phenomenon at the territorial level. Even the tourism satellite accounts, so useful for sectoral planning at regional level, are compiled for the whole country. Instead, the territories do not always know themselves, while the enhancement of landscape resources is one of the major issues that has not always been adequately analyzed; also in the recently approved Italian PNRR/Next Generation EU. In this article, we aim to examine the trend of the tourism phenomenon in the various Italian regions over the past 15 years; a period marked by crises of different origins (economic, political, health) which slowed down the economic development of the third millennium. In particular, given the problems mentioned above, we decided to start the research by considering the arrivals in hotels and non-hotel establishments by Italian tourists. The hospitality business is in fact an important part of the tourism industry. We expect domestic tourism to have greater stability, being less affected by international problems. We then examined the tourism of Italians in Italy, in the various regions, from 2006 to 2020. This analysis allowed us to observe the tourism phenomenon in Italy from a different perspective, observing, region by region, the relationship between tourism within the region and tourism coming from others regions. The choice of arrivals, instead of night spent, reduces the influence of the specific type of tourism in each region. The first results appear interesting.


2020 ◽  
Vol 11 ◽  
Author(s):  
Ying Sun ◽  
Qing Lu ◽  
Xuefei Tao ◽  
Biao Cheng ◽  
Guoxing Yang

In recent years, the relationship between Cyp2C19*2 gene polymorphism and clopidogrel resistance reflected by platelet function assay has been studied extensively, but there is no clear conclusion yet. In order to evaluate the relationship between Cyp2C19*2 gene polymorphism and clopidogrel resistance more accurately, meta-analysis was conducted in this study. The I2 value taking 50% as the limit, the heterogeneity is judged as high or low, and then a random effect model or a fixed effect model is selected for statistical analysis. PubMed, EMBASE, Web of Science, CNKI, and China Wanfang database were searched, and the related literatures from the establishment of the database to May 2020 were collected and analyzed by STATA 15.0 software. A total of 3,073 patients were involved in 12 studies, including 1,174 patients with clopidogrel resistance and 1,899 patients with non-clopidogrel resistance. The results of this study showed that allele model (A vs. G): OR = 2.42 (95%CI: 1.97–2.98); dominant model (AA+GA vs. GG): OR = 2.74 (95%CI: 2.09–3.59); recessive model (AA vs. GA+GG): OR = 4.07 (95%CI: 3.06–5.41); homozygous model (AA vs. GG): OR = 5.70 (95%CI: 4.22–7.71); heterozygote model (GA vs. GG): OR = 2.32 (95%CI: 1.76–3.07), the differences were statistically significant. Also, the analysis of the Ethnicity subgroup indicated that the Asian allele model and the other four gene models were statistically significant. In conclusion, Cyp2C19*2 gene polymorphism is strongly associated with clopidogrel resistance. Allele A, genotype GA, AA, and GG + GA can increase clopidogrel resistance, especially in the Asian population.


2020 ◽  
pp. 135481662090488
Author(s):  
Yu-Xia Lin ◽  
Ming-Hsiang Chen ◽  
Bi-Shu Lin ◽  
Shu-Yin Tseng ◽  
Ching-Hui (Joan) Su

Using domestic tourism data (1999–2014) and inbound tourism data (1999–2016), this research applies linear and nonlinear models to investigate the impact of World Heritage Sites (WHS) on inbound and domestic tourism expansion (TE) in terms of tourist arrivals and tourism receipts and then tests whether or not the impact of WHS on TE is instant. The results show a notable influence of WHS on tourist arrivals and tourism receipts and identify several differences between the impacts of WHS on inbound and on domestic TE. Moreover, the relationship between WHS and TE exhibits an inverted U-shaped curve. The optimal number of WHS for TE is four, and there is a significant instantaneous effect of WHS on domestic TE. Differently, the impact of WHS on inbound tourism shows a 1-year lag. Lastly, we perform dynamic regressions as a robustness check and discussion and implications are provided.


2019 ◽  
Vol 12 (1) ◽  
pp. 1-21
Author(s):  
Jing Huang ◽  
Linyu Liu ◽  
Ren Lu

Purpose The purpose of this paper is to study the relationship between industry risk taking and risk-taking strategy of born-global firms (BGs), and how industry-related variety moderates that relationship. Design/methodology/approach The authors apply fixed effect model to analyze 26,499 observations on 10,508 BGs in 276 Chinese cities. Findings The authors find that industry risk taking positively influences risk-taking strategy of BGs, and industry-related variety positively moderates such relationship. Originality/value The findings reveal how BGs formulate their risk-taking strategy given the dilemma of risk nature and hurdles in firm establishment and rapid internationalization. This paper extends understanding on BGs’ strategy making, supplements the theoretical framework on BGs with an integrated viewpoint containing “regional–industry–firm” levels and contributes to the industry variety argument.


10.12737/4312 ◽  
2014 ◽  
Vol 8 (2) ◽  
pp. 69-77
Author(s):  
Вячеслав Лепешкин ◽  
Vyacheslav Lepeshkin

The article considers trends, opportunities and problems of amateur tourism in Russia. Self-organized tourism has substantial economic potential, which is confirmed by the results of sociological research. The existing potential of amateurtourism canand must serve to accelerate the development of domestic and inbound tourism in the country, but the domestic tourism industry not always sees these opportunities and often cannot use it.There are suggested measures implementation of which will contribute to raising the efficiency of interaction between business, state and society in order to use the positive potential of amateurtourism.


2021 ◽  
Vol 5 (1) ◽  
pp. 76-87
Author(s):  
Yien Yien Lee

This study investigated the relationship between the listed firms’ debt level and performance in Bursa Malaysia during a five-year period. Based on the results of the Hausman test and Breusch-Pagan LM test, the fixed-effect model is the most appropriate model that used to analyze the panel data of 50 Malaysian listed companies within the property sector from the year 2015 to 2019. The results indicated that the short-term debt (STD) and long-term debt (LTD) have positive and insignificant effects on return on asset (ROA), which means that the increase in the short-term debt and long-term debt will lead to an increase in the return on assets. Besides that, account payables (AP) has a negative and insignificant effect on the profitability of property sector companies. According to the outcome of the Granger Causality test, the return on assets does not affect by the account payables, short-term debt, long-term debt and firm size. There is only one unidirectional causality relationship that proves that short-term debt is affected by long-term debt. Additionally, this study focuses on enhancing the existing empirical knowledge of debt financing's influence on the profitability of the listed firms in the property sector.


2021 ◽  
Vol 7 (2) ◽  
pp. 133
Author(s):  
Adam R. Szromek

The COVID-19 pandemic has reduced or even temporarily halted tourism worldwide. The lack of tourists has huge consequences not only for the tourism industry, but also for the tourism economy. Health tourism enterprises are also affected by this problem, but their situation is somewhat different from other tourism enterprises, as the relationship of these enterprises with the healthcare system provides an opportunity to continue operations, albeit in a different role than the tourism function. The diagnostic objective of this article is to assess the impact of the pandemic caused by the SARS-CoV-2 virus on the activities of tourism and medical tourism enterprises operating in spa destinations after 12 months of the pandemic situation. The cognitive objective, on the other hand, is to identify the roles that these companies play in reducing the impact of epidemic risks. The article presents the results of the research conducted in 19 tourism and medical companies, covering 115 sanatorium facilities, run in Polish health spas. The results indicate that although their economic situation is difficult, it is at the same time stable. Two reasons in particular stand out: (1) financial support from government anti-crisis programs; and (2) implementation of rapid organizational changes that enable the implementation of epidemiological prevention tasks, relieving the burden on infectious diseases hospitals by operating an isolation center, a vaccination center, or a quarantine facility for asymptomatic patients. This use of tourism infrastructure contributes to promoting it as open innovation in tourism.


2020 ◽  
Vol 4 (Supplement_1) ◽  
pp. 585-585
Author(s):  
Alison Aughinbaugh

Abstract I examine the effects of caring for others on female labor supply over the life-cycle using a fixed effect model. The data come from the National Longitudinal Survey of Youth 1979 (NLSY79), which collects information about the care of each child during his first three years and the care provided to household members during a woman’s 50s. The NLSY79 data show that women’s labor supply drops around the time a child is born and then rises, with over 50 percent working by time their children reach age 2. In addition, these data show that during their 50s, about 9 percent of women provide care to someone living in their household and that these female caregivers spend about 40 hours per week providing care. Time spent in caregiving may affect time in the labor force, and hence the ability to invest in a career and accumulate work experience and wage growth.


2021 ◽  
Vol 4 (1) ◽  
pp. 1-13
Author(s):  
Martin Ayo ◽  
Seif Muba

The research mostly assessed and established the influence of capital structure on the performance of firms listed under the Dar Es Salaam stock exchange (DSE). Specifically, the study aimed to assess the influence of total debt to equity ratio (TDE), total debt to assets ratio (TDA), total equity ratio (TEQ) on the performance of listed firms in Tanzania. Also, the study aimed to determine the control effect of firm size (FS) on the relationship between firm performance and capital structure. The quantitative panel data approach was used. The fixed-effect model for ROA was done to see the influence of TDE on ROA. Results indicated that only TEQ has a significant positive influence on the ROA while TDE and TDA have no significant influence on the ROA. Also, the fixed-effect model for ROCE was carried out to see the relationship between TDE and ROCE. Results showed that TDA and TEQ are insignificant to the ROCE, while TDE is significant to the ROCE. Findings also showed that the presence of the FS on the model of capital structure and ROA, results in TDA, and TEQ having a significant influence on ROA, while TDE becomes insignificant to ROA. Moreover, results indicated that the presence of the FS on the model of capital structure and ROCE results in the only TDE to have a significant influence on ROCE, while TDA and TEQ became insignificant to ROA. The study concluded that TDE has no significant influence on the ROA but TDE has a significant influence on ROCE. Also, the study concluded that TDA has no significant influence on both the ROA and ROCE while TEQ influences ROA positively, and has no significant influence on ROCE. Moreover, the study concluded that the presence of the FS on the model of capital structure and ROA, results in TDA, and TEQ having a significant influence on ROA, while TDE becomes insignificant to ROA. Furthermore, FS resulted in TDE having a significant influence on ROCE, while TDA and TEQ become insignificant to ROCE. The study recommends that companies very carefully must decide on a reasonable capital structure to maintain the performance of the company.


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