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Low-carbon urban policies, digital finance, and high-quality regional tourism

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  • Ge, Huayi
  • Rasiah, Ratneswary
  • Gu, Hairu

Abstract

This paper uses data from Chinese prefecture-level cities from 2007 to 2023 to examine the relationships among low-carbon city policies (LCCPs), digital finance, and the high-quality development of regional tourism (THQD). Results show a significant positive correlation between LCCP and THQD, with stronger effects in regions under stricter environmental regulation. Digital finance also mediates the relationship between LCCP and THQD, and this mediating role varies across regions with different levels of openness.These findings not only enrich the theoretical understanding of the policy-driven pathways for sustainable tourism transformation but also provide practical insights for policymakers to design differentiated and region-specific strategies that leverage both environmental governance and financial digitalization to promote high-quality tourism development.

Suggested Citation

  • Ge, Huayi & Rasiah, Ratneswary & Gu, Hairu, 2025. "Low-carbon urban policies, digital finance, and high-quality regional tourism," Finance Research Letters, Elsevier, vol. 86(PC).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pc:s154461232501757x
    DOI: 10.1016/j.frl.2025.108503
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