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Institutional configuration and industry green development from the perspective of digital capabilities

Author

Listed:
  • Shi, Pengfei
  • Huang, Juan
  • Zhang, Yan
  • Wang, Xinrui
  • Li, Xingming

Abstract

As an innovative and sustainable development model, the enhancement of green total factor productivity of tourism (GTFPT) is significantly influenced by three key factors: government, market, and society. This paper employs institutional theory to explore various pathways to enhance industry economic development through fuzzy-set Qualitative Comparative Analysis (fsQCA). The findings indicate that: (1) No single institutional factor is essential, but government support is universally significant in fostering a high level of GTFPT. (2) The primary driving forces include “government-market-society synergy-driven”, “government-society supervision-driven”, and “government-market promotion-driven”. (3) Low configuration driving paths do not merely contrast with high configuration paths, rather, they are primarily influenced by inadequate government support and constrained digital capabilities.

Suggested Citation

  • Shi, Pengfei & Huang, Juan & Zhang, Yan & Wang, Xinrui & Li, Xingming, 2025. "Institutional configuration and industry green development from the perspective of digital capabilities," Finance Research Letters, Elsevier, vol. 85(PB).
    • Handle: RePEc:eee:finlet:v:85:y:2025:i:pb:s1544612325012747
    DOI: 10.1016/j.frl.2025.108016
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    References listed on IDEAS

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