The impact of the Human Development Index on outbound tourism under the role of entity industry:Empirical analysis based on panel data from 44 countries along the Belt and Road
Entity industry is an important driver for human development,and outbound tourism is one of the important indicators to measure human development level.However,the relationship between the entity industry,outbound tourism and human development level has not been confirmed yet.This paper selects 44 countries along the Belt and Road as samples,takes the Human Development Index(HDI)as the explanatory variable,the outbound tourism rate as the explained variable,the Entity Industrial Index as the control variable,and the Price Level Index as the regulating variable,adopts the dynamic panel model to analyze the mechanism of human development level on outbound tourism under the influence of real industry.The study found a significant correlation between the outbound tourism rate and the above variables,and indicated that both the Human Development Index and the Entity Industrial Index have a significant positive impact on the outbound tourism rate,while the reciprocal of the Price Level Index(relative tourism prices)has a certain negative impact on the outbound tourism rate.The results show that the development of entity industries,the stability of market prices and the improvement of human development level in the countries along the Belt and Road can enhance the willingness of residents to travel abroad.The study has important theoretical and practical impications for the countries along the Belt and Road to firmly promote sustainable cooperation in entity economy,livelihood industries and tourism exchanges.
entity industryHuman Development Index(HDI)outbound tourismcountries along the Belt and Roadpanel dataempirical research