The Relationship Between Green Patents, Green FDI, Economic Growth and Sustainable Tourism Development in ASEAN Countries: A Spatial Econometrics Approach
Year: 2025
Type: article
Abstract: Sustainable tourism development has emerged as a strategic priority across ASEAN countries, yet the role of green innovation and environmentally responsible investment in shaping tourism outcomes remains underexplored. Existing studies often overlook the spatial interdependencies that characterize regional integration and cross-border environmental dynamics. This study investigates how green patents and green foreign direct investment (FDI) influence sustainable tourism development, both within and across ASEAN nations. Drawing on endogenous growth theory, ecological modernization, and FDI spillover frameworks, the analysis employs a Spatial Durbin Model (SDM) using panel data from 2000 to 2023. The findings reveal that green innovation and green FDI significantly enhance tourism development, with notable spatial spillover effects that benefit neighboring countries. These effects are most pronounced in leading ASEAN economies, where institutional capacity and absorptive readiness amplify the impact of green practices. The relationship is further shaped by economic growth, human capital, and political stability, while environmental degradation and inflation pose constraints. The study underscores the nonlinear and regionally heterogeneous nature of green tourism development, offering policy insights for fostering inclusive, resilient, and environmentally sustainable tourism strategies across ASEAN.
DOI: 10.3390/rsee2040029
Author: Ha Van Trung
Institution: Wuhan University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $1,207
OpenAlex ID: W4414547977