An Economic Model for Studying the Role of Cultural Industries on Social Development in Cross-border Contexts

Yingyu Zhu

Emerging Markets Finance and Trade, 2020, vol. 56, issue 7, 1581-1600

Abstract: When using a traditional econometric model to study the promotion effect of the cultural industry on social development in cross-border context, only the mathematical formula is available for the quantitative analysis of social and economic problems, but disadvantages such as complex processing process, low efficiency, and low accuracy are still encountered. This article designs a research model to study the promoting effect of cultural industry on social development in the context of cross-border integration. Based on the economic measurement results of cultural tourism industry, the coupling principle is used to quantitatively analyze the coupling and coordination degree of the development of cultural tourism industry under cross-border integration. Using dynamic panel theory, this article studies the role of cultural tourism industry integration in social and economic development. The experimental results show that the model can effectively analyze the promoting effect of cultural industry on social development in the context of cross-border integration, in which the error rate is only 0.31 and the maximum growth rate is as high as 98%, indicating small error and high efficiency of the proposed model.

Date: 2020
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://hdl.handle.net/10.1080/1540496X.2019.1703106 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:56:y:2020:i:7:p:1581-1600

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/MREE20

DOI: 10.1080/1540496X.2019.1703106

Access Statistics for this article

More articles in Emerging Markets Finance and Trade from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().