Green credit and environmental protection investment for the high-quality development of the tourism industry

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-07-13 DOI:10.1016/j.frl.2025.107972

Peigen Wang, Xiaoxu Wu

引用次数: 0

Abstract

This article, relying on panel data from 31 provincial-level administrative regions in China from 2010 to 2023, systematically examines the driving effects of green credit and environmental protection investment on the high-quality development of the tourism industry. Empirical results indicate that both green credit and environmental protection investment significantly promote the high-quality development of the tourism sector, with environmental protection investment playing a key mediating role in the influence of green credit on the tourism industry's high-quality development. Further analysis reveals that the facilitative effects of green finance and environmental protection investment on high-quality development in tourism exhibit significant regional heterogeneity.

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绿色信贷和环保投资促进旅游业高质量发展

本文依托2010 - 2023年中国31个省级行政区的面板数据，系统考察了绿色信贷和环保投资对旅游业高质量发展的驱动作用。实证结果表明，绿色信贷和环保投资对旅游业高质量发展都有显著的促进作用，其中环保投资在绿色信贷对旅游业高质量发展的影响中起着关键的中介作用。进一步分析发现，绿色金融和环保投资对旅游高质量发展的促进作用具有显著的区域异质性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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