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Digital silk road, financial investment, and low-carbon cultural tourism development

Author

Listed:
  • Meng, Qingshen
  • Fang, Xing
  • Hou, Zhengdong

Abstract

Based on data from 17 provinces and cities along the Belt and Road Initiative from 2011 to 2023, this paper investigates the impact of the Digital Silk Road and financial investment on the development of low-carbon cultural tourism. First, the study finds that the advancement of the Digital Silk Road has significantly promoted the development of low-carbon cultural tourism. Second, financial investment plays a significant positive role in driving low-carbon cultural tourism. Further analysis shows that financial investment exerts a positive moderating effect on the relationship between the Digital Silk Road and the development of low-carbon cultural tourism. Finally, heterogeneity tests reveal that there are significant differences in the moderating effect of financial investment between regions with varying levels of urbanization. The findings of this study provide theoretical support and practical reference for promoting the green transformation of cultural tourism, enhancing the efficiency of digital infrastructure investment, and optimizing financial support policies.

Suggested Citation

  • Meng, Qingshen & Fang, Xing & Hou, Zhengdong, 2025. "Digital silk road, financial investment, and low-carbon cultural tourism development," Finance Research Letters, Elsevier, vol. 86(PF).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pf:s1544612325020598
    DOI: 10.1016/j.frl.2025.108805
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    References listed on IDEAS

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