金融发展与旅游业成长

基于2001~2009年中国大陆30个省区的面板数据,综合采用混合回归（POLS）、固定效应（FE）、 随机效应（RE）估计方法,对金融发展与旅游业成长关系进行经验检验。结果表明：（1）金融发展对旅游业成长有显著正向影响,稳健性分析也支持该结论；（2）经济外向程度、交通基础设施、旅游资源禀赋能显著驱动地区旅游业成长，三者在金融发展与旅游业成长关系中皆起正向调节作用；（3）分区域考察显示，金融发展对旅游业成长的影响呈现区域差异，其对东部的正向影响强度大于中部；（4）在西部，旅游业沿袭的是单一旅游资源驱动型成长模式，金融发展的驱动作用并不明显。

Financial Development and Tourism Economic Growth

Based on 2001-2009 panel data of 30 provinces in China mainland, this paper comprehensively applies the methods of pooled ols (POLS), fixed effect (FE), random effect(RE), to make an empirical test of the relationship of financial development and tourism economic growth. Results show that (1)Financial development has a significant positive effect on tourism economic growth, and the robustness analysis provides a strongly empirical support for this conclusion; (2) Extroverted economy, transportation infrastructure, tourism resources endowment are significantly driving strength of tourism economic growth, and each of the three has a positive adjustment function between financial development and tourism economic growth; (3) The investigation of the different areas reveals that the influence of financial development on tourism economic growth presents regional differences, the positive influencing strength on East China is greater than that on Central China; and (4) To the West, the growth of tourism economy depends on a single growth model, which is resource-driving model; moreover, the driving effect of financial development on the growth of western tourism economy is not obvious.