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Ingegneria Sismica

Ingegneria Sismica

Study on the Driving Effect of Low Altitude Tourism Product Development on Regional Economic Growth

Author(s): Xue Sun1,2,3, Yanan Wang2, Xiaoliang Shi1
1Harbin Bank, Harbin, Heilongjiang, 100010, China
2College of Business, City University of Hong Kong, HongKong, China
3College of Economics and Management, Shenyang Agricultural University, Shenyang, 110866, China
Sun, Xue., Wang, Yanan., and Shi, Xiaoliang. “Study on the Driving Effect of Low Altitude Tourism Product Development on Regional Economic Growth.” Ingegneria Sismica Volume 43 Issue 2: 1-21, doi:10.65102/is2026961.

Abstract

Accompanied by the enhancement of people’s consumption ability, in addition to satisfying the needs of mass entertainment and leisure, what consumers expect is to obtain personalized tourism experience through their own participation. Based on the elaboration of low altitude tourism product development strategy, the article explores the hypothesis of the impact of low altitude tourism product development on regional economic growth. It establishes an evaluation index system for the development level of regional economic growth, combines the coefficient of variation method and entropy weight method for comprehensive evaluation, and analyzes the development trend of regional economic growth with the panel data of China’s regional economy in the period of 2010~2024. Then the spatial econometric model is introduced to explore the driving effect of low-altitude tourism product development on regional economic growth. It is found that the level of regional economic growth increases continuously during 2010-2024, with an overall increase of 48.76%. The level of low-altitude tourism product development has a significant driving effect on regional economic growth, i.e., for every 1% increase, the level of regional economic growth will increase by 0.608%. Therefore, accelerating the optimization of low-altitude tourism product development strategy can better satisfy consumers’ personalized tourism experience and help promote the high-quality development of regional economy.

Keywords
low-altitude tourism products; regional economic growth; coefficient of variation method; spatial econometric modeling

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