All-for-One Tourism Demonstration Zones and High-Quality Development of Tourism: Evidence from the Quasi-Natural Experiment in China

Author:

Liu Jun1,Wang Ziwei1,Li Changjin1

Affiliation:

1. School of Business Administration, Shandong University of Finance and Economics, Jinan 250014, China

Abstract

The all-for-one tourism guides the development of the tourism industry in China and promotes coordinated development of the economy and society. Existing studies emphasize the significance of all-for-one tourism but pay limited attention to the impact and mechanism of all-for-one tourism on the high-quality development of tourism. By employing the all-for-one tourism demonstration zones as a quasi-natural experiment, this research uses the time-varying difference-in-differences (DID) model to empirically investigate the relationship between all-for-one tourism demonstration zones and the high-quality development of tourism. In particular, under the guidance of the new development philosophy, this research constructs a measurement and evaluation indicator system for the high-quality development of tourism from five dimensions, including innovative, coordinated, green, open, and shared development. The results show that the all-for-one tourism demonstration zones positively impact the high-quality development of tourism, and the result is robust to a series of robustness checks, including the placebo test and the propensity score matching (PSM) procedures. Network infrastructure construction and tourism talent agglomeration are mechanisms channelling through all-for-one tourism demonstration zones and high-quality tourism development. Heterogeneity analysis reveals positive impacts of all-for-one tourism demonstration zones on central and western regions and provinces with a low proportion of tertiary sector.

Funder

Postgraduate Innovation Project of Shandong University of Finance and Economics

Publisher

MDPI AG

Subject

Management, Monitoring, Policy and Law,Renewable Energy, Sustainability and the Environment,Geography, Planning and Development,Building and Construction

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