This study investigated the impact of China's political openness index and foreign direct investment on its ecotourism index from 1985 to 2019. Findings show a 1% increase in foreign direct investment (FDI) leads to a long-term 0.01% increase in China's sustainable tourism index. The political openness index significantly boosted ecotourism, with a 1% increase resulting in a 0.32% and 0.53% short-term and long-term increase, respectively. Financial openness also had a positive impact. Key policies to advance ecotourism include ensuring political stability, enhancing green financial markets, and implementing poverty alleviation measures.
Publisher
Humanities and Social Sciences Communications
Published On
Jan 06, 2024
Authors
Yunfeng Shang, Qin Yang, Yuanjie Pu
Tags
China
ecotourism
political openness
foreign direct investment
sustainable tourism
financial openness
policy recommendations
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