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Web of Proceedings - Francis Academic Press

Brief analysis on Econometrics of Domestic Tourism Income

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DOI: 10.25236/ssah.2018.196

Author(s)

Zhiwei Shao

Corresponding Author

Zhiwei Shao

Abstract

At present, with the rapid social and economic development in China and the increase of people's living standard, all the people have basically entered the “era of travel”, which has greatly promoted the vigorous development of the domestic tourism industry. In order to rationally optimize the economic benefits of the tourism industry and realize intelligent “era of travel”, it is necessary to integrate domestic tourism revenues with the theory and practice of econometrics for fine analysis and calculation, and comprehensively measure the integrated indicators of national tourism industry development. In view of this, this paper has mainly analyzed the related factors and model specifications that influence the domestic tourism income, and carried out a series of empirical analysis and correlation tests by combining econometrics theory.

Keywords

Domestic tourism income, Influence factor, Model specification, Empirical analysis, Verification.