The Influence and Mechanism of Digital Economy on the Development of the Tourism Service Trade—Analysis of the Mediating Effect of Carbon Emissions under the Background of COP26

Zhang, Jie; Shang, Yunfeng

doi:10.3390/su142013414

Cited by 15 publications

(14 citation statements)

References 48 publications

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“…The digital economy has become an economy of new business models and new markets [1]. In some studies, the digital economy has been linked to various issues, such as labor [2][3][4][5][6], carbon emissions [7][8][9][10][11], population aging [12,13], artificial intelligence [14,15], foreign trade [16][17][18], and rural revitalization [19,20]. Under the continuous influence of Corona Virus Disease 2019, there are uncertainties in the global economic recovery.…”

Section: Introductionmentioning

confidence: 99%

Research on the Influence of Digital Economy on Technological Innovation: Evidence from Manufacturing Enterprises in China

Wang

Wei

2023

Sustainability

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Digital economy is a key breakthrough in the new round of the industrial revolution, and technological innovation is the key to economic growth and wealth creation by enterprises. The influence of the digital economy on the innovation of manufacturing enterprises is directly related to solving the problem of inadequate development. Therefore, it is of great theoretical value and practical significance to study the influence of the digital economy on enterprise technological innovation. Taking Chinese manufacturing companies during 2016–2020 as a sample, this paper measured the technological innovation level of enterprises by the quantity and quality of innovation output of manufacturing enterprises and measured the development degree of the digital economy by the four dimensions of digital economy infrastructure, digital industrialization, industrial digitalization, and digital governance. The influence of the digital economy on enterprise technological innovation was researched through the Moran index and panel regression model. Moran’s indexes were all greater than 0, and the data were concentrated in the first and third quadrants of the scatter chart, and the value dropped from 0.186 to 0.152, indicating that provincial digital economic development presents a phenomenon of aggregation in spatial distribution, which gradually decreases along the eastern coast to the western region and gradually moves from aggregation to dispersion. The regression coefficients are significant at least at the level of 10%, indicating that the digital economy can effectively promote the output quantity and quality of technological innovation in manufacturing enterprises. The digital economy has a double-promotion effect on technological innovation. In promoting the technological innovation of manufacturing enterprises, infrastructure, digital industrialization, and industrial digitization play a dual and positive role as well as digital governance. In addition, the digital economy and its four dimensions have a first-order and second-order time-lag effect, which has a double-promotion effect on enterprises’ technological innovation. In general, the digital economy can promote enterprise technological innovation.

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Section: Introductionmentioning

confidence: 99%

Research on the Influence of Digital Economy on Technological Innovation: Evidence from Manufacturing Enterprises in China

Wang

Wei

2023

Sustainability

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“…A study from China showed that the development of the digital economy promotes the integration of the culture with the tourism industry in China during the pandemic (Li et al, 2022). The development of the digital economy in each country (region) can propel the development of the tourism industry by improving the quality of institutions, strengthening the capacity of market regulation, increasing trade freedom (Kumar and Kumar, 2020;Tang, 2023), and achieving the improvement of tourism industry performance through technological leaps in distribution channels (Berné et al, 2015;Zhang and Shang, 2022). Third, research about the feedback effect of the development of the tourism industry on the implementation of the degree of informatization and information technology innovation.…”

Section: Tourism Industry Development and Informatizationmentioning

confidence: 99%

“…As a result, the types of tourism products and business models can be greatly enriched (He et al, 2018;Hameed et al, 2022) and technological innovation in the tourism industry can be progressed to enhance the development of the tourism industry (Jadhav and Mundhe, 2011). Second, informatization improves the marketing management and distribution capabilities of the tourism industry (Berné et al, 2015;Zhang and Shang, 2022). The Internet, as one of the most essential marketing tools in modern times, realizes direct contact between the supply side and tourists.…”

Section: Mechanism Analysis and Theoretical Frameworkmentioning

confidence: 99%

The contribution and interactive relationship of tourism industry development and technological innovation to the informatization level: Based on the context of low-carbon development

Guo

Yang

Chen

et al. 2023

Front. Environ. Sci.

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Research background: Informatization is a new economic form arising from a new round of technological and industrial changes. Information technology has been used to promote the integrated development of the tourism industry and propel technological innovation, which will help accelerate the achievement of the strategic goals of carbon emission peaking and carbon neutrality. China’s informatization level has improved to a certain extent due to the concentration of capital and technological innovation brought about by the government-led model, and also owing to the consumer dynamics released by the industry-side reform.Research contents and methods: This study constructs a panel vector auto-regression model to investigate the impact of tourism industry development and technological innovation on informatization based on Chinese provincial statistics from 2010 to 2019. This study adopts the entropy method, Monte Carlo simulation, variance decomposition, and pulse response to investigate the impact, characteristics, and trends of their interactions.Results: First, tourism industry development, technological innovation, and informatization all experience inertia development and have self-reinforcing mechanisms during the research period. Second, tourism industry development and technological innovation have a significantly positive impact on the enhancement of informatization, and their influence presents a trend, from upward to downward. Third, tourism industry development has a positive impact on technological innovation, and the response trend presents a curve approximately inverted U-shape. Fourth, from the results of variance decomposition, the contribution of technological innovation to the improvement of informatization level increases rapidly and reaches 18.5% and then levels off. The contribution rate of tourism industry development to the improvement of informatization level gradually rises and reaches 5.1%, finally tending to be stable.Contribution: This study reveals that tourism industry development and technological innovation will exert different pulling effects on informatization at different development stages in China and their advantages and provides theoretical contributions to tourism industry development and technological innovation on the advancement of informatization level. The research results provide a reference basis for the government and related industrial sectors in how to effectively facilitate the development of informatization in the context of the low-carbon economy.

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“…Due to the lockdowns and the economic downturns because of the COVID-19 pandemic, millions of individuals have lost their jobs. Many industries, such as tourism, have been hit hard, and many scholars have begun to study the role of high and new technologies, such as digital technology, in revitalizing the national economy (Zhang and Shang, 2022). Many countries throughout the world are undergoing similar transformations.…”

Section: Literature Reviewmentioning

confidence: 99%

COVID-19 and its impact on tourism sectors: implications for green economic recovery

Shang¹,

Pan

Chen

et al. 2022

Econ Change Restruct

Self Cite

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The COVID-19 pandemic posed huge hurdles to green economic recovery and the tourism sector. This paper examines challenges in the Zhejiang, Fujian, and Shandong provinces of China' coastal tourism and green economic growth in the wake of the COVID-19 pandemic. To assess this impact, the study used econometrics models based on the Chinese provincial data from March 2020 to April 2021. According to the results, coastal tourism's related income fell drastically regardless of where the people live. Fisherman's earnings dropped by 26%, while captains and owner's earnings dropped by 49% on average. This also resulted in a shortage of food supply that endangered food security. During the pandemic, the number and duration of tourism trips dropped in all study locations. In addition, results indicated that in the wake of COVID-19, lower economic growth and recessions resulted in a significant decline in green investments. The paper proposes that to achieve green recovery and the recovery of the tourism sector, the local and central governments need to increase green investments and the literacy of the people in charge of coastal tourism.

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The Influence and Mechanism of Digital Economy on the Development of the Tourism Service Trade—Analysis of the Mediating Effect of Carbon Emissions under the Background of COP26

Cited by 15 publications

References 48 publications

Research on the Influence of Digital Economy on Technological Innovation: Evidence from Manufacturing Enterprises in China

Research on the Influence of Digital Economy on Technological Innovation: Evidence from Manufacturing Enterprises in China

The contribution and interactive relationship of tourism industry development and technological innovation to the informatization level: Based on the context of low-carbon development

COVID-19 and its impact on tourism sectors: implications for green economic recovery

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