Internet tradition and tourism development: A causality analysis on BRI listed economies
Obaid Ur Rehman,
Xiaoxing Liu,
Abdul Rauf,
Mayada Ben Slama and
Waqas Amin
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Obaid Ur Rehman: Southeast University, China
Xiaoxing Liu: Southeast University, China
Abdul Rauf: Southeast University, China
Mayada Ben Slama: King Faisal University, Saudi Arabia
Waqas Amin: Shandong University, China
Tourism Economics, 2020, vol. 26, issue 6, 926-957
Abstract:
The study aims to explain the economic impact of Internet implication in tourism sector by taking sample of mega project listed countries (which provide big pitch to boost tourism business). Our work find the volatility cause of tourism revenue at country i, by examining the inbound tourist expenditures as a factor of technological infrastructure. We deploy data ranging from 1990 to 2017 and uses error correction model as representative of Autoregressive-Distributed Lag (ARDL) model after addressing diagnostic tests (for data reliability concern). We found long- and short-run association between tourism expenditure and information and communication technology (ICT) proxies in case of developed economies, while only short-run association in underdeveloped countries. The startling scenario about underdeveloped economies are also confirmed by one-way causation in our analysis. After sensitive analysis at each slot, the study concludes that tourism revenue is streaming low across those boundaries where tourists are suffered by paying more due to technological inaccessibility and its underdeveloped infrastructure. The suffered economies are recommended to upgrade their ICT sector to facilitate inbound tourist.
Keywords: ARDL; Belt and Road Initiative (BRI); causality; ECM; Internet usage; tourist expenditure (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:sae:toueco:v:26:y:2020:i:6:p:926-957
DOI: 10.1177/1354816619846251
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