Environmental impact of infrastructure-led Chinese outward FDI, tourism development and technology innovation: a regional country analysis

Zhuang, Yu; Yang, Shuili; Razzaq, Asif; Khan, Zeeshan

doi:10.1080/09640568.2021.1989672

Cited by 74 publications

(29 citation statements)

References 116 publications

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“…Therefore, CPEC appears as growingly vital to uplift agricultural and other commercial occurrences in a particular spatial area. Thus, the results of the current study endorse the socio-economic spatial development as a variable of the sustainable development paradigm by suggesting that it is crucial to assure that any use of megaprojects related investments be crafted not only by caring for personal profits but also by upholding people rights and protecting the planet (Zhuang et al , 2021; Agénor, 2010). In other words, to mitigate the risk that the desire for personal gain should not underestimate the public good, the results implied that laws regulating megaprojects related investments should integrate the inclusive socio-economic and environmental-related risks as stressed by the United Nations program on the environment (WEF, 2015).…”

Section: Discussionsupporting

confidence: 52%

“…The theory of infrastructure-led development argues that investments in infrastructure development contribute to socio-economic growth and environmental protection at both local and global levels (Agénor, 2010). According to Zhuang et al (2021), infrastructure development have diverse socio-economic and environmental effects. Such investments establish the foundations of economic growth and are closely linked to higher institutional quality, social equity, ecological sustainability and achievement of sustainable development goals (Menhas et al , 2019).…”

Section: Theory Literature Review and Hypothesesmentioning

confidence: 99%

“…Recent economic crises have provided several justifications for proposing megaprojects in South Asia, as they boost productivity and competitiveness. Megaprojects contribute (positively or negatively) to sustainable development (Asghar et al , 2021; Zhuang et al , 2021; Menhas et al , 2019). This is because the infrastructure that is developed through megaprojects impacts economic, social and environmental activities (Sturup and Low, 2019; Kakar and Khan, 2021).…”

Section: Introductionmentioning

confidence: 99%

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Evaluating megaprojects from a sustainability perspective: a case of China-Pakistan economic corridor (CPEC)

Hassan

Mahmood

Janjua³

et al. 2022

JCEFTS

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Purpose This paper aims to examine the impact of various economic, social and environmental issues on the sustainable development of Pakistan, both directly and indirectly through the sustainability dimensions of China–Pakistan Economic Corridor (CPEC), a multi-billion-dollar megaproject. Design/methodology/approach Using a quantitative (deductive) methodological approach, data were collected using a strategy of an online questionnaire survey from diverse stakeholders of CPEC in Pakistan. Partial least squares-based structural equation modeling technique was used to test the relationship between observed and latent variables. Findings The results confirmed the positive impact of various economic, social and environmental issues on the sustainable development of Pakistan directly and indirectly through the partial mediation of sustainability dimensions of CPEC. Practical implications Sustainability perceptions of stakeholders about CPEC and its relationship with sustainable development are critical issues for governments and policymakers. This paper suggest how economic, social and environmental dimensions of CPEC can enhance the positive perception which is necessary for stakeholder involvement and support for megaprojects such as CPEC. Originality/value This study evaluated the megaprojects of CPEC from a sustainability perspective through stakeholders’ perceptions by proposing and testing a parsimonious research model that has never been examined in the existing literature.

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Section: Discussionsupporting

confidence: 52%

Section: Theory Literature Review and Hypothesesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Evaluating megaprojects from a sustainability perspective: a case of China-Pakistan economic corridor (CPEC)

Hassan

Mahmood

Janjua³

et al. 2022

JCEFTS

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“…Hence, Chinese residents can be taken primarily as the research object for an impact study of the epidemic for better results. In addition, based on the push-pull theory, people have links with traveling from the purpose and needs of travel (Kastenholz et al, 2012;Irfan et al, 2021b;Zhuang et al, 2021). After a long time of isolation, people will take the initiative to get some relaxation from pandemic issues in all sectors.…”

Section: Introductionmentioning

confidence: 99%

Mediating Role of Risk Perception and Environmental Quality on the Relationship Between Risk Knowledge and Traveler’s Intention in COVID-19

Yang

Fang²,

Ramírez-Asís³

et al. 2022

Front. Environ. Sci.

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The recent outbreak of epidemic disease (COVID-19) has dramatically changed the socio-economic and environmental dynamics of the world. In particular, it affects human movement, travel intentions, and ambient air pollution amid rising stringency measures. Therefore, this study examines the influence of tourism knowledge, environmental vulnerability, and risk knowledge on travelers’ intentions in China’s tourism industry during COVID-19. To address the study objectives, an online survey questionnaire was created, through which a valid sample of 402 respondents was achieved. The direct and indirect relationship between variables was tested through structural equation modeling, the outcomes confirm that both tourism knowledge and risk knowledge in terms of COVID-19 significantly and negatively define the travelers’ intention toward tourism. Moreover, environmental vulnerability moderately affected tourism behavior and augmented with COVID-19 stringency disclosures. The mediating effect of risk perception and attitude towards the relationship between exogenous and endogenous constructs was tested. It shows a significant mediating impact of risk perception, environmental hazards and attitude towards risk on the nexus between tourism knowledge and travelers’ intention. The study offers valuable recommendations for policymakers to understand tourist intentions and climate vulnerability.

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“…Pakistan is now ranked 130th in the world in terms of tourism income. In Pakistan, the average FDI was 158.45 USD million from 1997 to 2021with a high investment of 1262.90 USD Million in June of 2008 (Chien, Sadiq, Kamran, et al, 2021;Zhuang, Yang, Razzaq, & Khan, 2021). India is a developing economy with 1,40,00,00,000 as of 2021 and 3.049 trillion nominal GDP in 2021.…”

Section: Introductionmentioning

confidence: 99%

Impact of Tourism Growth and FDI on Economic Growth: Evidence from South Asian Countries

Bhatti¹,

Marri²,

Azam³

2021

iRASD J. Eco.

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Nowadays, economic growth has again gained global attention because of the uncertainty in global economic conditions and attracts the focus of regulators and recent research studies. In this scenario, this study examines the role of tourism growth and foreign direct investment (FDI) on the economic growth of South Asian countries. This study has used the interest rate and population growth as the control variables. The secondary data has been extracted from the world development indicators (WDI) from 2001 to 2020. The fixed effect model (FEM) and generalized method of moments (GMM) are run to test the linkage among the variables. The results expose that tourism growth, FDI, interest rate, and population growth have a positive and significant effect on the economic growth in South Asian countries. The results provide guidelines to the regulators and furnish policies regarding economic growth for tourism growth.

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Environmental impact of infrastructure-led Chinese outward FDI, tourism development and technology innovation: a regional country analysis

Cited by 74 publications

References 116 publications

Evaluating megaprojects from a sustainability perspective: a case of China-Pakistan economic corridor (CPEC)

Evaluating megaprojects from a sustainability perspective: a case of China-Pakistan economic corridor (CPEC)

Mediating Role of Risk Perception and Environmental Quality on the Relationship Between Risk Knowledge and Traveler’s Intention in COVID-19

Impact of Tourism Growth and FDI on Economic Growth: Evidence from South Asian Countries

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