The dual threshold effects of rural cultural tourism industry ecology and green finance Support: The moderating effect of regional cultural tourism development

Based on panel data from multiple regions in China spanning from 2007 to 2023, this paper systematically investigates the impact mechanism of green finance support on the ecological development level of the rural cultural tourism industry. The research findings indicate that green finance can effectively enhance the ecological development level of the rural cultural tourism industry. Moreover, the promoting effect of green finance exhibits significant heterogeneity across regions with different economic development levels, with stronger effects observed in more economically developed areas. In addition, from a regional perspective, there are notable differences in this effect among the eastern, central, and western regions. Further analysis reveals a significant double-threshold effect of regional cultural tourism development levels in the relationship between green finance support and industrial ecological development.

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Publication Details

Journal
International Review of Economics & Finance
Published
2025-08-18
DOI
https://doi.org/10.1016/j.iref.2025.104538
Primary Topic
Diverse Aspects of Tourism Research
Type
article
Field-Weighted Citation Impact
0.00

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article

The dual threshold effects of rural cultural tourism industry ecology and green finance Support: The moderating effect of regional cultural tourism development

Hao Jin, Fei Zheng, Yu Tang
International Review of Economics & Finance
Diverse Aspects of Tourism Research
article

The dual threshold effects of rural cultural tourism industry ecology and green finance Support: The moderating effect of regional cultural tourism development

Hao Jin, Fei Zheng, Yu Tang
article en

Abstract

Based on panel data from multiple regions in China spanning from 2007 to 2023, this paper systematically investigates the impact mechanism of green finance support on the ecological development level of the rural cultural tourism industry. The research findings indicate that green finance can effectively enhance the ecological development level of the rural cultural tourism industry. Moreover, the promoting effect of green finance exhibits significant heterogeneity across regions with different economic development levels, with stronger effects observed in more economically developed areas. In addition, from a regional perspective, there are notable differences in this effect among the eastern, central, and western regions. Further analysis reveals a significant double-threshold effect of regional cultural tourism development levels in the relationship between green finance support and industrial ecological development.

International Review of Economics & FinanceVol. 103
Shenyang Ligong University (CN), Jilin University of Finance and Economics (CN), Jilin University (CN), Liaoning University of Technology (CN), Changchun University (CN)
University of Science and Technology Liaoning, Department of Education of Liaoning Province
Decent work and economic growth
Openalex Percentile: Top 72%
Diverse Aspects of Tourism Research
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