IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v76y2025ics1544612325001965.html
   My bibliography  Save this article

Influence of cultural heritage protection on high-quality economic development

Author

Listed:
  • Zhang, Luxin

Abstract

The relationship between cultural heritage protection and economic development remains incompletely understood, especially regarding the mechanisms through which heritage resources contribute to sustainable growth. This study investigates how cultural heritage protection drives high-quality economic development in China, using provincial data from 2010–2021. Through econometric analyses, the research reveals that heritage protection enhances economic development both directly and indirectly, with tourism mediating 23% of the total effect. Human capital strengthens this relationship, as regions with higher education levels show greater heritage-driven development. Central-western provinces benefit more from cultural heritage than eastern ones, while areas outside the Yangtze River Economic Belt show stronger positive effects than those within. The findings support integrated policies combining cultural preservation with human capital investment.

Suggested Citation

  • Zhang, Luxin, 2025. "Influence of cultural heritage protection on high-quality economic development," Finance Research Letters, Elsevier, vol. 76(C).
  • Handle: RePEc:eee:finlet:v:76:y:2025:i:c:s1544612325001965
    DOI: 10.1016/j.frl.2025.106932
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325001965
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.frl.2025.106932?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Giray Gözgör & Muhlis Can, 2017. "Causal Linkages among the Product Diversification of Exports, Economic Globalization and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 21(3), pages 888-908, August.
    2. Wu, Jianan & Guo, Cheng & Liu, Xiaojing & Dai, Jiapeng, 2025. "Policy-driven employment structure transformation: The role of innovation and education investment," International Review of Economics & Finance, Elsevier, vol. 98(C).
    3. Annie Tubadji & Peter Nijkamp, 2015. "Cultural impact on regional development: application of a PLS-PM model to Greece," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 54(3), pages 687-720, May.
    4. Dai, Jiapeng, 2025. "Is policy pilot a viable path to sustainable development? Attention allocation perspective," International Review of Financial Analysis, Elsevier, vol. 98(C).
    5. Dominique Foray, 2018. "Smart specialization strategies as a case of mission-oriented policy—a case study on the emergence of new policy practices," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(5), pages 817-832.
    6. Mark van Duijn & Jan Rouwendal, 2013. "Cultural heritage and the location choice of Dutch households in a residential sorting model," Journal of Economic Geography, Oxford University Press, vol. 13(3), pages 473-500, May.
    7. Throsby,David, 2010. "The Economics of Cultural Policy," Cambridge Books, Cambridge University Press, number 9780521868259, June.
    8. Gao, Chunliu & Cheng, Li, 2020. "Tourism-driven rural spatial restructuring in the metropolitan fringe: An empirical observation," Land Use Policy, Elsevier, vol. 95(C).
    9. Faroek Lazrak & Peter Nijkamp & Piet Rietveld & Jan Rouwendal, 2014. "The market value of cultural heritage in urban areas: an application of spatial hedonic pricing," Journal of Geographical Systems, Springer, vol. 16(1), pages 89-114, January.
    10. Silvia Cerisola, 2019. "Cultural Heritage, Creativity and Economic Development," Books, Edward Elgar Publishing, number 18649, December.
    11. Pedro Gomes & Alejandro Librero-Cano, 2018. "Evaluating three decades of the European Capital of Culture programme: a difference-in-differences approach," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(1), pages 57-73, February.
    12. Mikaela Backman & Pia Nilsson, 2018. "The role of cultural heritage in attracting skilled individuals," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 42(1), pages 111-138, February.
    13. Françoise Benhamou, 2013. "Public intervention for cultural heritage: normative issues and tools," Chapters, in: Ilde Rizzo & Anna Mignosa (ed.), Handbook on the Economics of Cultural Heritage, chapter 1, pages i-i, Edward Elgar Publishing.
    14. Francesca Nocca, 2017. "The Role of Cultural Heritage in Sustainable Development: Multidimensional Indicators as Decision-Making Tool," Sustainability, MDPI, vol. 9(10), pages 1-28, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Federico Camerin & Nicola Camatti & Francesco Gastaldi, 2021. "Military Barracks as Cultural Heritage in Italy: A Comparison between before-1900- and 1900-to-1950-Built Barracks," Sustainability, MDPI, vol. 13(2), pages 1-31, January.
    2. Chiara Dalle Nogare & Monika Murzyn-Kupisz, 2021. "Do museums foster innovation through engagement with the cultural and creative industries?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(4), pages 671-704, December.
    3. Mario A. Fernandez & Shane L. Martin, 2020. "What’s so special about character?," Urban Studies, Urban Studies Journal Limited, vol. 57(16), pages 3236-3251, December.
    4. Xing, Manjiang & Gong, Chi & Moon, Gyu-Hyen & Ge, Xiaohong, 2025. "Digital economy, dual innovation capability and enterprise labor productivity," International Review of Financial Analysis, Elsevier, vol. 101(C).
    5. Karol Król & Robert Kao & Józef Hernik, 2019. "The Scarecrow as an Indicator of Changes in the Cultural Heritage of Rural Poland," Sustainability, MDPI, vol. 11(23), pages 1-23, December.
    6. Li, Pengcheng & Chen, Yanbing & Guo, Xiaochuan, 2025. "Digital transformation and supply chain resilience," International Review of Economics & Finance, Elsevier, vol. 99(C).
    7. Franco, Sofia F. & Macdonald, Jacob L., 2018. "The effects of cultural heritage on residential property values: Evidence from Lisbon, Portugal," Regional Science and Urban Economics, Elsevier, vol. 70(C), pages 35-56.
    8. van Duijn, Mark & Rouwendal, Jan, 2021. "Sorting based on urban heritage and income: Evidence from the Amsterdam metropolitan area," Regional Science and Urban Economics, Elsevier, vol. 90(C).
    9. Dani Broitman & Eric Koomen, 2020. "The attraction of urban cores: Densification in Dutch city centres," Urban Studies, Urban Studies Journal Limited, vol. 57(9), pages 1920-1939, July.
    10. Ioannis Kostakis & Sarantis Lolos, 2024. "Uncovering the impact of cultural heritage on economic growth: empirical evidence from Greek regions, 2000–2019," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 73(3), pages 1209-1239, October.
    11. Gabriel Rodríguez-Puello & Victor Iturra, 2024. "Does a higher cultural supply raise cultural consumption? The association between individual and city traits and cultural consumption in Chile," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 72(1), pages 65-83, January.
    12. Bertacchini, Enrico & Revelli, Federico & Zotti, Roberto, 2023. "Lord, how I want to be in that number! On the blessing of UNESCO World Heritage listing," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202304, University of Turin.
    13. Yan, Nan & Xue, Yuhang & Xu, Menghan & Sun, Yige & Yang, Yun, 2025. "Sentiment tendency of ESG coverage, public concern, and corporate environmental performance," Finance Research Letters, Elsevier, vol. 76(C).
    14. Olivier Mouate & Muriel Travers, 2024. "The impact of cultural amenities on inter-urban location: a discrete choice experiment on French students," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 48(4), pages 575-614, December.
    15. Ozbugday, Fatih Cemil, 2019. "Kültür ve Ekonomik Başarı [Culture and Economic Success]," MPRA Paper 96734, University Library of Munich, Germany.
    16. George Halkos & Panagiotis Stavros Aslanidis & Angelos Plataniotis & Phoebe Koundouri, 2024. "Evaluating the Tangible and Intangible Parameters of Cultural Heritage: An Economic Meta-Analysis in a Global Context," DEOS Working Papers 2413, Athens University of Economics and Business.
    17. Annie Tubadji, 2021. "Culture and mental health resilience in times of COVID-19," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(4), pages 1219-1259, October.
    18. Wang, Linjing & Zhao, Chunyan & Gan, Yufei & Ni, Xiaoxiao, 2025. "Financial flexibility, organizational resilience and corporate green innovation," Finance Research Letters, Elsevier, vol. 76(C).
    19. Brenda Denise Dorpalen, 2022. "How do inequalities in cultural engagement impact on economic growth?," SN Business & Economics, Springer, vol. 2(8), pages 1-23, August.
    20. Francesca Nocca & Mariarosaria Angrisano, 2022. "The Multidimensional Evaluation of Cultural Heritage Regeneration Projects: A Proposal for Integrating Level(s) Tool—The Case Study of Villa Vannucchi in San Giorgio a Cremano (Italy)," Land, MDPI, vol. 11(9), pages 1-27, September.

    More about this item

    Keywords

    Cultural heritage protection; High-quality economic development; Tourism mediation; Human capital moderation; Regional heterogeneity;
    All these keywords.

    JEL classification:

    • Z10 - Other Special Topics - - Cultural Economics - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:76:y:2025:i:c:s1544612325001965. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.