Family digital competence, residents' subjective well-being, and tourism consumption levels—A study based on CFPS data

IF 9.8 1区 经济学 Q1 BUSINESS, FINANCE International Review of Financial Analysis Pub Date : 2025-06-01 Epub Date: 2025-03-12 DOI:10.1016/j.irfa.2025.104114
Shuguang Wang , Guangbin Cheng , Yuanhan Chen
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Abstract

Using data from the China Family Panel Studies (CFPS) conducted by the Institute of Social Science Survey at Peking University, this study explores the impact of household digital competence (DigComp) on tourism consumption expenditure and its underlying transmission mechanisms. By constructing a probit regression model and incorporating mediation and moderation effect analyses, along with heterogeneity analysis, the study draws the following conclusions: First, a significant positive correlation exists between household DigComp and tourism consumption expenditure. Second, the application of digital technology has not only enhanced the tourism consumption environment but also improved residents' quality of life and satisfaction, thereby stimulating greater demand for tourism consumption. Furthermore, the positive influence of household DigComp on tourism consumption expenditure is more pronounced among individuals with higher education (those who had spent more years in education). Finally, heterogeneity analysis reveals that the effect of household DigComp on tourism consumption expenditure is most evident in both developed and less-developed regions, whereas it is relatively weaker in moderately developed areas.
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家庭数字能力、居民主观幸福感与旅游消费水平——基于CFPS数据的研究
本研究利用北京大学社会科学调查研究所中国家庭面板研究(CFPS)的数据,探讨家庭数字能力(DigComp)对旅游消费支出的影响及其潜在的传导机制。通过构建probit回归模型,结合中介和调节效应分析,结合异质性分析,研究得出以下结论:第一,家庭DigComp与旅游消费支出存在显著的正相关关系;其次,数字技术的应用不仅改善了旅游消费环境,也提高了居民的生活质量和满意度,从而激发了更大的旅游消费需求。此外,家庭DigComp对旅游消费支出的积极影响在受教育程度较高的个人(受教育年限较长的人)中更为明显。最后,异质性分析表明,家庭DigComp对旅游消费支出的影响在发达地区和欠发达地区都最为明显,而在中等发达地区相对较弱。
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来源期刊
CiteScore
10.30
自引率
9.80%
发文量
366
期刊介绍: The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.
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