IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v14y2022i20p13414-d945740.html
   My bibliography  Save this article

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

Author

Listed:
  • Jie Zhang

    (School of Hospitality Administration, Zhejiang Yuexiu University, Shaoxing 312000, China)

  • Yunfeng Shang

    (School of Hospitality Administration, Zhejiang Yuexiu University, Shaoxing 312000, China)

Abstract

This study explores the impact and mechanism of the digital economy on the tourism service trade. We adopted two-way fixed effects and mediating effects models, and conducted empirical studies based on panel data of 30 provinces (municipalities and autonomous regions) in China. The results show that the digital economy can significantly improve the development of the tourism service trade, and has a certain role in carbon emission reduction. This conclusion remains valid after a series of robustness tests and proves that carbon emission per capita plays an intermediary role in this process. The regional heterogeneity analysis shows that the digital economy plays a more significant role in promoting inland regions and regions with a higher tourism resource endowment. These findings are significant for the relevant industries, ecological activists, other stakeholders and the realization of the «Glasgow Climate Pact». The results provide guidelines for the recovery of the tourism service industry in the post-epidemic era, achieving the “double carbon” goal, realizing low-carbon tourism and the control of carbon emissions by countries related to the COP meeting. The guidelines can help to strengthen the development of digital infrastructure and promote digital technology in the tourism service industry, differentiate promotion measures based on geographical location and tourism resource endowment, fully consider the intermediary role of carbon emissions, and develop corresponding low-carbon technologies and innovative green technologies.

Suggested Citation

  • Jie Zhang & Yunfeng Shang, 2022. "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," Sustainability, MDPI, vol. 14(20), pages 1-20, October.
  • Handle: RePEc:gam:jsusta:v:14:y:2022:i:20:p:13414-:d:945740
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/14/20/13414/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/14/20/13414/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Shang, Yunfeng & Razzaq, Asif & Chupradit, Supat & Binh An, Nguyen & Abdul-Samad, Zulkiflee, 2022. "The role of renewable energy consumption and health expenditures in improving load capacity factor in ASEAN countries: Exploring new paradigm using advance panel models," Renewable Energy, Elsevier, vol. 191(C), pages 715-722.
    2. Chung-Yim Yiu & Ka-Shing Cheung, 2021. "Urban Zoning for Sustainable Tourism: A Continuum of Accommodation to Enhance City Resilience," Sustainability, MDPI, vol. 13(13), pages 1-15, June.
    3. Javier López González & Janos Ferencz, 2018. "Digital Trade and Market Openness," OECD Trade Policy Papers 217, OECD Publishing.
    4. Chien, Fengsheng & Anwar, Ahsan & Hsu, Ching-Chi & Sharif, Arshian & Razzaq, Asif & Sinha, Avik, 2021. "The role of information and communication technology in encountering environmental degradation: Proposing an SDG framework for the BRICS countries," Technology in Society, Elsevier, vol. 65(C).
    5. Ariu, Andrea & Breinlich, Holger & Corcos, Gregory & Mion, Giordano, 2019. "The interconnections between services and goods trade at the firm-level," Journal of International Economics, Elsevier, vol. 116(C), pages 173-188.
    6. Nazire Nergiz Dincer & Ayça Tekin‐Koru, 2020. "The effect of border barriers to services trade on goods trade," The World Economy, Wiley Blackwell, vol. 43(8), pages 2093-2118, August.
    7. Asif Razzaq & Arshian Sharif & Paiman Ahmad & Kittisak Jermsittiparsert, 2021. "Asymmetric role of tourism development and technology innovation on carbon dioxide emission reduction in the Chinese economy: Fresh insights from QARDL approach," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 176-193, January.
    8. Martín Molinuevo & Michael Jacobson, 2019. "FDI and services trade: connections in rules and dispute settlement," Chapters, in: Markus Krajewski & Rhea T. Hoffmann (ed.), Research Handbook on Foreign Direct Investment, chapter 8, pages 241-269, Edward Elgar Publishing.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qiong Wang & Yihan Wei, 2023. "Research on the Influence of Digital Economy on Technological Innovation: Evidence from Manufacturing Enterprises in China," Sustainability, MDPI, vol. 15(6), pages 1-23, March.
    2. Ruiyuan Dong & Xiaowei Zhou, 2023. "Analysis of the Nonlinear and Spatial Spillover Effects of the Digital Economy on Carbon Emissions in the Yellow River Basin," Sustainability, MDPI, vol. 15(6), pages 1-18, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Charfeddine, Lanouar & Umlai, Mohamed, 2023. "ICT sector, digitization and environmental sustainability: A systematic review of the literature from 2000 to 2022," Renewable and Sustainable Energy Reviews, Elsevier, vol. 184(C).
    2. Meng Lingyan & Ze Zhao & Haider Ali Malik & Asif Razzaq & Hui An & Marria Hassan, 2022. "Asymmetric impact of fiscal decentralization and environmental innovation on carbon emissions: Evidence from highly decentralized countries," Energy & Environment, , vol. 33(4), pages 752-782, June.
    3. Chengyonghui, Duan & Ni, Soh Wei & San, Ong Tze & Rahim, Norhuda BT Abdul, 2023. "What role public debt plays to moderate the influence of natural resources on financial development? Appraising Resource-Curse Hypothesis in MENA Region," Resources Policy, Elsevier, vol. 86(PA).
    4. Razzaq, Asif & Wang, Yufeng & Chupradit, Supat & Suksatan, Wanich & Shahzad, Farrukh, 2021. "Asymmetric inter-linkages between green technology innovation and consumption-based carbon emissions in BRICS countries using quantile-on-quantile framework," Technology in Society, Elsevier, vol. 66(C).
    5. Yingchao, He & Xiang, Yijun, 2024. "Influence of trade liberalization and digital trade on material footprint in the BRICS region," Resources Policy, Elsevier, vol. 88(C).
    6. Sun, Yunpeng & Anwar, Ahsan & Razzaq, Asif & Liang, Xueping & Siddique, Muhammad, 2022. "Asymmetric role of renewable energy, green innovation, and globalization in deriving environmental sustainability: Evidence from top-10 polluted countries," Renewable Energy, Elsevier, vol. 185(C), pages 280-290.
    7. Sun, Yunpeng & Gao, Pengpeng & Razzaq, Asif, 2023. "How does fiscal decentralization lead to renewable energy transition and a sustainable environment? Evidence from highly decentralized economies," Renewable Energy, Elsevier, vol. 206(C), pages 1064-1074.
    8. Boţa-Avram, Cristina & Apostu, Simona Andreea & Ivan, Raluca & Achim, Monica Violeta, 2024. "Exploring the impact of macro-determinant factors on energy resource depletion: Evidence from a worldwide cross-country panel data analysis," Energy Economics, Elsevier, vol. 130(C).
    9. Gao Ling & Asif Razzaq & Yaqiong Guo & Tehreem Fatima & Farrukh Shahzad, 2022. "Asymmetric and time-varying linkages between carbon emissions, globalization, natural resources and financial development in China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(5), pages 6702-6730, May.
    10. abid, Nabila & Ceci, Federica & Razzaq, Asif, 2023. "Inclusivity of information and communication technology in ecological governance for sustainable resources management in G10 countries," Resources Policy, Elsevier, vol. 81(C).
    11. Emrah Kocak & Hayriye Hilal Baglitas, 2022. "The path to sustainable municipal solid waste management: Do human development, energy efficiency, and income inequality matter?," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(6), pages 1947-1962, December.
    12. Radoslaw Miskiewicz, 2022. "Clean and Affordable Energy within Sustainable Development Goals: The Role of Governance Digitalization," Energies, MDPI, vol. 15(24), pages 1-17, December.
    13. Huang, Haiping & Huang, Baolian & Sun, Aijun, 2023. "How do mineral resources influence eco-sustainability in China? Dynamic role of renewable energy and green finance," Resources Policy, Elsevier, vol. 85(PA).
    14. Run Liu & Ziyue Qiu, 2022. "Urban Sustainable Development Empowered by Cultural and Tourism Industries: Using Zhenjiang as an Example," Sustainability, MDPI, vol. 14(19), pages 1-15, October.
    15. Ahmet Sekerkaya & Feyza Nur Ozkan & Gozde Gusan Kose & Dogan Akarsu, 2020. "Consumer Reactions to Technological Attributes in Product Design: A Technology Acceptance Model Perspective," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 34(2), pages 151-176.
    16. Andrea Ariu & Katariina Nilsson Hakkala & J. Bradford Jensen & Saara Tamminen, 2019. "Service Imports, Workforce Composition, and Firm Performance: Evidence from Finnish Microdata," NBER Working Papers 26355, National Bureau of Economic Research, Inc.
    17. Chishti, Muhammad Zubair & Sinha, Avik, 2022. "Do the shocks in technological and financial innovation influence the environmental quality? Evidence from BRICS economies," Technology in Society, Elsevier, vol. 68(C).
    18. Liu, Kai & Mahmoud, Haitham A. & Liu, Liqun & Halteh, Khaled & Arnone, Gioia & Shukurullaevich, Nizomjon Khajimuratov & Alzoubi, Haitham M., 2024. "Exploring the Nexus between Fintech, natural resources, urbanization, and environment sustainability in China: A QARDL study," Resources Policy, Elsevier, vol. 89(C).
    19. Pipatpong Fakfare & Walanchalee Wattanacharoensil, 2023. "Low‐carbon tourism for island destinations: A crucial alternative for sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 180-197, February.
    20. Hermann Ndoya & Simplice A. Asongu, 2022. "Digital divide, globalization and income inequality in sub-Saharan African countries: analysing cross-country heterogeneity," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 20(1), pages 1-19, October.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:14:y:2022:i:20:p:13414-:d:945740. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.