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An economic analysis of sustainable tourism development in China

The threat of climate change and the advancement of sustainable development goals to control this threat have been among the countries priorities. The tourism sector can be essential in promoting sustainable development goals by implementing sustainable processes. The primary purpose of this researc...

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Detalles Bibliográficos
Autores principales: Chen, Yuan, Zhang, Jie, Chen, Hui
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10082343/
http://dx.doi.org/10.1007/s10644-023-09512-w
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author Chen, Yuan
Zhang, Jie
Chen, Hui
author_facet Chen, Yuan
Zhang, Jie
Chen, Hui
author_sort Chen, Yuan
collection PubMed
description The threat of climate change and the advancement of sustainable development goals to control this threat have been among the countries priorities. The tourism sector can be essential in promoting sustainable development goals by implementing sustainable processes. The primary purpose of this research is to focus on 23 provinces of China to analyze the sustainable tourism modeling according to the annual data for 2010–2021. The findings confirm that for all Chinese provinces, the increase in the general level of prices has a significant and long-term adverse effect on the sustainable development of the tourism industry in the provinces of China. In contrast, the effect of this variable is not significant in the short term. Moreover, the impact of foreign direct investment on the sustainable development of the tourism industry in the short term and the long term is positive in high-income provinces and negative in low-income provinces. The recommended practical policies promote a green financing market and green FDI development.
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spelling pubmed-100823432023-04-11 An economic analysis of sustainable tourism development in China Chen, Yuan Zhang, Jie Chen, Hui Econ Change Restruct Article The threat of climate change and the advancement of sustainable development goals to control this threat have been among the countries priorities. The tourism sector can be essential in promoting sustainable development goals by implementing sustainable processes. The primary purpose of this research is to focus on 23 provinces of China to analyze the sustainable tourism modeling according to the annual data for 2010–2021. The findings confirm that for all Chinese provinces, the increase in the general level of prices has a significant and long-term adverse effect on the sustainable development of the tourism industry in the provinces of China. In contrast, the effect of this variable is not significant in the short term. Moreover, the impact of foreign direct investment on the sustainable development of the tourism industry in the short term and the long term is positive in high-income provinces and negative in low-income provinces. The recommended practical policies promote a green financing market and green FDI development. Springer US 2023-04-08 /pmc/articles/PMC10082343/ http://dx.doi.org/10.1007/s10644-023-09512-w Text en © The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature 2023, Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law. This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Article
Chen, Yuan
Zhang, Jie
Chen, Hui
An economic analysis of sustainable tourism development in China
title An economic analysis of sustainable tourism development in China
title_full An economic analysis of sustainable tourism development in China
title_fullStr An economic analysis of sustainable tourism development in China
title_full_unstemmed An economic analysis of sustainable tourism development in China
title_short An economic analysis of sustainable tourism development in China
title_sort economic analysis of sustainable tourism development in china
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10082343/
http://dx.doi.org/10.1007/s10644-023-09512-w
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