ABSTRACT Against the backdrop of conflicts between global environment and economic development, low-carbon development has received widespread attention. Pursuing low-carbon economic transformation from an industry perspective has become a hot topic. Based on this, this study selects 42 countries [Albania, Armenia, Austria, Azerbaijan, Bangladesh, Bulgaria, Belarus, Chile, China, Czekh, Egypt, Estonia, Georgia, Croatia, Hungary, India, Italy, Kazakhstan, Kyrgyzstan, Korea, Sri Lanka, Luxembourg, Morocco, Moldova, Mongolia, Mozambique, Malaysia, Poland, Portugal, Romania, Russia, Saudi Arabia, Sudan, Serbia, Slovakia, Norway, Thailand, Tajikistan, Tunisia, Turkey, Ukraine, Uruguay] along the “Belt and Road” as research objects, and adopts fixed effect models and threshold effect models to study the non-linear relationship between low-carbon development in the tourism industry (LCDT) and economic growth from environmental regulations (ER) and energy intensity (EI). Research has shown that: (1) LCDT, ER, and EI can foster economic growth. (2) With the increase in ER and EI, the effect of LCDT on economic growth exhibits a significant “N” shape. (3) During LCDT promotes economic growth, threshold effects of ER and EI display distinct heterogeneous characteristics. In the current global consensus on low-carbon development, this study provides valuable insights for policy makers seeking environmental protection and sustainable growth.
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