Table 2 Benchmark regression results.
From: Smart city construction empowers tourism: mechanism analysis and spatial spillover effects
Tourism revenue | Tourist arrivals | |||
---|---|---|---|---|
(1) | (2) | (3) | (4) | |
Smart City | 0.375*** (0.086) | 0.243** (0.098) | 0.282*** (0.054) | 0.172*** (0.059) |
Human Capital | 3.085* (1.703) | 2.831 (1.840) | ||
Per capita GDP | 0.575*** (0.086) | 0.418*** (0.071) | ||
Government intervention | 0.587** (0.297) | 0.492** (0.219) | ||
Opening up | 2.601*** (0.780) | 1.505** (0.630) | ||
Industrial structure | 0.585*** (0.095) | 0.179*** (0.033) | ||
Transportation | 0.185** (0.082) | 0.244*** (0.072) | ||
Public health events | −0.411*** (0.032) | −0.344*** (0.032) | ||
Constant | 21.129*** (0.081) | 15.528*** (0.823) | 15.332*** (0.145) | 11.048*** (0.719) |
City fixed effect | Yes | Yes | Yes | Yes |
Year fixed effect | Yes | Yes | Yes | Yes |
N | 4786 | 4529 | 4914 | 4660 |
R2 | 0.864 | 0.888 | 0.859 | 0.871 |