Impact of Tourism Development on Economic Growth Driven by Digital Technology

Tourism Research ›› 2023, Vol. 15 ›› Issue (3) : 1-15.

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PDF(866 KB)
Tourism Research ›› 2023, Vol. 15 ›› Issue (3) : 1-15.

Impact of Tourism Development on Economic Growth Driven by Digital Technology

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Abstract

Based on a systematic review of the relationship between digital technology, tourism development and economic growth, this paper adopts the fixed effect model, panel quantile model and moderating effect model to empirically test the impact of tourism development on economic growth under the effect of digital technology from the panel data of 30 provinces in China from 2013 to 2020. The results show that tourism development has a significant role in promoting economic growth, which verifies the “ tourism-led growth hypothesis ( TLGH) ” , and with economic growth, the positive impact of tourism development on economic growth is gradually significant. Digital technology also has a positive effect on economic growth, and with economic growth, the impact of digital technology on economic growth presents a U-relationship that first decreases and then increases. From the perspective of technology empowerment, digital technology significantly positively regulates the economic growth effect of tourism development. In addition, in different tourism markets and different regions, the impact of digital technology regulating tourism development on economic growth has significant heterogeneity.

Key words

digital technology / tourism development / economic growth / empowerment effect / heterogeneity

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Impact of Tourism Development on Economic Growth Driven by Digital Technology. Tourism Research. 2023, 15(3): 1-15
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