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Improvement of transportation infrastructure, payment digitalization, and tourism consumption expenditure: Analysis based on CHFS data

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  • Chen, Weixia
  • Huang, Meng

Abstract

Payment digitalization has reformed consumer preferences and significantly influenced economic forms. Using the 2017 and 2019 China Household Finance Survey data, this study examines the impact of payment digitalization on tourism consumer spending and explores the moderating effect of transportation infrastructure improvement. Findings reveal that payment digitalization can encourage tourism consumption expenditure. Furthermore, improvements in transportation infrastructure can boost the promotion effect of payment digitalization on tourism consumption expenditure.

Suggested Citation

  • Chen, Weixia & Huang, Meng, 2025. "Improvement of transportation infrastructure, payment digitalization, and tourism consumption expenditure: Analysis based on CHFS data," Finance Research Letters, Elsevier, vol. 76(C).
    • Handle: RePEc:eee:finlet:v:76:y:2025:i:c:s1544612325002648
    DOI: 10.1016/j.frl.2025.107000
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    References listed on IDEAS

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    2. Huo, Xiuzhen & Liu, Lingfang, 2025. "Industrial convergence, market structure, and consumption upgrading," International Review of Economics & Finance, Elsevier, vol. 103(C).

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